Watch
WS
Worthington Steel, Inc.
Basic Materials · Steel · small-cap ($2.0B)
-20.4%
from rolling 252-day high of $48.93 set 2026-02-11 · 94d ago
Current
$38.93
Decline depth
-20.4%
Decline σ
3.2σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Structural break signals

WS qualifies for the Watch on decline depth.

Decline depth
-20.4%
From rolling 252-day high of $48.93, 94d ago. Past the 20% Watch threshold.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
3.2σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (3.16% per day).

The structural read

What price action says about WS.

WS qualifies for the Watch on decline depth — down -20.4% from its rolling 252-day high.

Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (red), weekly 1 (red), monthly 2U (green).

Earnings on file: 2026-03-25. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $24.23 58.9% of range 52W high $49.17

Sector context · Basic Materials

65 other Basic Materials tickers are on Broken Stocks.

31 Red List
11 Amber
23 Watch
-28.7% Median decline

Worst in sector: METC (-74.9%). Least-bad: SKE (-20.1%). See all Basic Materials listings →

Questions about WS

What people ask.

Why is WS on Broken Stocks?

WS qualifies for the Watch on decline depth. It is down -20.4% from its rolling 252-day high of $48.93, set on 2026-02-11 — 94d ago.

Is WS a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. WS is down -20.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is WS a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is WS trading inside its 52-week range?

At $38.93, WS sits 58.9% of the way from its 52-week low ($24.23) to its 52-week high ($49.17). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has WS been declining?

The current 20.4% decline accrued over 94d, which annualizes to roughly -79.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does WS compare to its sector?

There are 65 other Basic Materials tickers on Broken Stocks: 31 Red, 11 Amber, 23 Watch, with 2 showing recovering structural signals. Median sector decline is -28.7% — WS's decline is shallower than the sector median.

Does WS's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-03-25) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.