Worthington Steel Inc (WS)
Worthington Steel, Inc. is a leading steel processing company in North America, headquartered in Columbus, Ohio. With a robust operational footprint, the company specializes in value-added solutions for the steel industry, catering to a diverse array of end-markets, including automotive, construction, and consumer products. Worthington Steel's commitment to innovation and sustainability positions it as a key player in the evolving steel market, as it strives to meet increasing demand while adhering to environmental standards. With a focus on operational excellence and strategic partnerships, Worthington Steel remains well-equipped to capitalize on industry growth opportunities.
Stock Price Trends
Stock price trends estimated using linear regression.
Paying users area
Try for free
Stock pages available for free today:
The data is hidden behind and trends are not shown in the charts.
Unhide data and trends.
Get full access to the entire website.
This is a one-time payment. There is no automatic renewal.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 86.41% per annum.
- WS price at the close of November 14, 2025 was $31.67 and was lower than the bottom border of the primary price channel by $0.45 (1.41%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 0.71% per annum.
- WS price at the close of November 14, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of WS price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date:
End date:
a =
b =
s =
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × ) – 1
=
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × ) – 1
=
March 3, 2025 calculations
Top border of price channel:
Exp(Y)
= Exp(a + b × X + 2 × s)
= Exp(a + b × + 2 × s)
= Exp( + × + 2 × )
= Exp()
= $
Bottom border of price channel:
Exp(Y)
= Exp(a + b × X – 2 × s)
= Exp(a + b × – 2 × s)
= Exp( + × – 2 × )
= Exp()
= $
September 24, 2025 calculations
Top border of price channel:
Exp(Y)
= Exp(a + b × X + 2 × s)
= Exp(a + b × + 2 × s)
= Exp( + × + 2 × )
= Exp()
= $
Bottom border of price channel:
Exp(Y)
= Exp(a + b × X – 2 × s)
= Exp(a + b × – 2 × s)
= Exp( + × – 2 × )
= Exp()
= $
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 86.41% per annum.
- WS price at the close of November 14, 2025 was $31.67 and was lower than the bottom border of the primary price channel by $0.45 (1.41%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date:
End date:
a =
b =
s =
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × ) – 1
=
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × ) – 1
=
June 26, 2025 calculations
Top border of price channel:
Exp(Y)
= Exp(a + b × X + 2 × s)
= Exp(a + b × + 2 × s)
= Exp( + × + 2 × )
= Exp()
= $
Bottom border of price channel:
Exp(Y)
= Exp(a + b × X – 2 × s)
= Exp(a + b × – 2 × s)
= Exp( + × – 2 × )
= Exp()
= $
November 14, 2025 calculations
Top border of price channel:
Exp(Y)
= Exp(a + b × X + 2 × s)
= Exp(a + b × + 2 × s)
= Exp( + × + 2 × )
= Exp()
= $
Bottom border of price channel:
Exp(Y)
= Exp(a + b × X – 2 × s)
= Exp(a + b × – 2 × s)
= Exp( + × – 2 × )
= Exp()
= $
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 0.71% per annum.
- WS price at the close of November 14, 2025 was inside the secondary price channel.