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(WKHS) Workhorse Group complete technical analysis [charts+indicators] | Buy/Sell Workhorse Group | (WKHS) share price targets

Complete technical analysis of Workhorse Group (WKHS) by charts plus indicators, forecast predictions and share price targets for Workhorse Group (WKHS)

Workhorse Group trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Workhorse Group is 12578500

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	0.33	0.33	0.35	0.32	0.504 times
28 Wed Feb 2024	0.34	0.34	0.36	0.33	0.719 times
27 Tue Feb 2024	0.34	0.32	0.34	0.32	0.575 times
26 Mon Feb 2024	0.31	0.30	0.34	0.30	0.938 times
23 Fri Feb 2024	0.29	0.29	0.30	0.28	0.615 times
22 Thu Feb 2024	0.29	0.33	0.34	0.28	0.741 times
21 Wed Feb 2024	0.32	0.38	0.41	0.31	1.742 times
20 Tue Feb 2024	0.36	0.31	0.38	0.31	2.379 times
16 Fri Feb 2024	0.29	0.28	0.30	0.27	0.998 times
15 Thu Feb 2024	0.27	0.25	0.28	0.25	0.83 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.3, but if it comes below 0.3, then a intra day sell could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.28 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.4 as target.

Share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Target	0.23
Downside Target	0.25
Downside Target	0.26
Downside Target	0.27
Downside Target	0.28
Downside Target	0.30
Upside Target	0.35
Upside Target	0.36
Upside Target	0.38
Upside Target	0.41
Upside Target	0.44
Upside Target	0.45
Upside Target	0.50

Intraday share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Intraday Target	0.3
Downside Intraday Target	0.27
Upside Intraday Target	0.36
Upside Intraday Target	0.39
Downside Intraday Target	0.33

Weekly technical analysis of Workhorse Group (WKHS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	0.33	0.30	0.36	0.30	0.499 times
23 Fri Feb 2024	0.29	0.31	0.41	0.28	1.555 times
16 Fri Feb 2024	0.29	0.25	0.30	0.23	1.399 times
09 Fri Feb 2024	0.25	0.26	0.27	0.23	1.295 times
02 Fri Feb 2024	0.26	0.29	0.30	0.25	1.24 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Workhorse Group (WKHS)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	0.33	0.27	0.41	0.23	1.512 times
31 Wed Jan 2024	0.27	0.36	0.38	0.26	0.621 times
29 Fri Dec 2023	0.36	0.38	0.44	0.35	1.635 times
30 Thu Nov 2023	0.37	0.41	0.45	0.36	0.846 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Workhorse Group (WKHS)

Price action analysis of Workhorse Group ( (WKHS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Workhorse Group ( (WKHS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Workhorse Group ( (WKHS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Workhorse Group ( (WKHS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Workhorse Group stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Workhorse Group in short term but the buy signal is initial and weak.

Workhorse Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Workhorse Group in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Workhorse Group is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.32 and Workhorse Group (WKHS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Workhorse Group (WKHS) stock. Volume based technical analysis of Workhorse Group (WKHS) stock is negative.

Workhorse Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.