Worthington Enterprises Inc

In early September, a momentum breakout cleared multi-month resistance with volume support, reinforcing a medium-term bullish bias within a long-term uptrend; however, extreme overbought readings and price extended above EMAs suggest a pullback risk. Patience is advised to engage on a low-volume retracement into prior resistance around $59.20–$59.50, which now acts as support.

• ↑Q4 revenue grew 20% to $371M, adjusted EBITDA +34% YoY
• ↑ASME water tank innovations drive data center segment growth
• ↓Gross margin fell to 27.4% amid Elgin integration