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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 2024-09-05 View latest technical analysis

10 day averaged volume of Workhorse Group is 1431125

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	0.63	0.63	0.65	0.61	0.64 times
04 Wed Sep 2024	0.62	0.62	0.64	0.61	0.717 times
03 Tue Sep 2024	0.62	0.68	0.68	0.60	0.881 times
30 Fri Aug 2024	0.68	0.72	0.72	0.67	0.491 times
30 Fri Aug 2024	0.68	0.72	0.72	0.67	0.502 times
29 Thu Aug 2024	0.70	0.70	0.73	0.70	0.531 times
28 Wed Aug 2024	0.72	0.78	0.78	0.68	1.267 times
27 Tue Aug 2024	0.78	0.80	0.80	0.75	0.665 times
26 Mon Aug 2024	0.79	0.82	0.82	0.75	0.805 times
23 Fri Aug 2024	0.78	0.81	0.82	0.70	1.838 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.7, but if it comes above 0.7, then a intra day buy could be more profitable.
If you take a sell trade below 0.7, then use 0.7 as stoploss and 0.4 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.89 as target.

Share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Target	0.15
Downside Target	0.27
Downside Target	0.60
Upside Target	0.67
Upside Target	0.70
Upside Target	0.72
Upside Target	0.82
Upside Target	1.06
Upside Target	1.21
Upside Target	1.23
Upside Target	1.29
Upside Target	1.43
Upside Target	2.25
Upside Target	2.83

Intraday share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Intraday Target	0.59
Downside Intraday Target	0.56
Upside Intraday Target	0.67
Upside Intraday Target	0.72
Upside Intraday Target	0.64

Weekly technical analysis of Workhorse Group (WKHS)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	0.63	0.68	0.68	0.60	4.559 times
30 Fri Aug 2024	0.68	0.72	0.72	0.67	0.13 times
30 Fri Aug 2024	0.68	0.82	0.82	0.67	0.351 times
23 Fri Aug 2024	0.78	1.20	1.23	0.70	3.649 times
16 Fri Aug 2024	1.18	1.15	1.21	1.06	1.066 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Workhorse Group (WKHS)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	0.63	0.68	0.68	0.60	0.1 times
30 Fri Aug 2024	0.68	1.41	1.43	0.67	0.899 times
31 Wed Jul 2024	1.46	1.54	2.25	1.29	0.281 times
28 Fri Jun 2024	1.57	0.20	2.83	0.15	0.332 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Workhorse Group ( (WKHS) ) based on a short to mid 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.

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 SELL signal for Workhorse Group in short term and the sell signal is strong.

Workhorse Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.71 and Workhorse Group (WKHS) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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