There are two alphabetical series here. The first series is with the first letters only: STUVW. The second series involves the remaining letters: CD, EF, GH, IJ, KL.
The middle letters are static, so concentrate on the first and third letters. The series involves an alphabetical order with a reversal of the letters. The first letters are in alphabetical order: F, G, H, I , J. The second and fourth segments are reversals of the first and third segments. The missing segment begins with a new letter.
In this series, the third letter is repeated as the first letter of the next segment. The middle letter, A, remains static. The third letters are in alphabetical order, beginning with R.