Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-16 View latest technical analysis

10 day averaged volume of Workhorse Group is 1300620

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	0.86	0.85	0.89	0.83	0.913 times
15 Tue Oct 2024	0.85	0.83	0.91	0.81	1.574 times
14 Mon Oct 2024	0.83	0.81	0.84	0.79	0.878 times
11 Fri Oct 2024	0.79	0.78	0.80	0.75	0.314 times
10 Thu Oct 2024	0.78	0.77	0.82	0.76	0.961 times
09 Wed Oct 2024	0.77	0.72	0.77	0.69	0.899 times
08 Tue Oct 2024	0.71	0.73	0.73	0.69	0.989 times
07 Mon Oct 2024	0.73	0.77	0.77	0.72	1.042 times
04 Fri Oct 2024	0.77	0.71	0.79	0.71	1.18 times
03 Thu Oct 2024	0.70	0.71	0.72	0.69	0.923 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 0.9 as stoploss in an intra day sell trade for a target of 0.79. However, stock will show a bullish move above 0.9.

Share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Target	0.15
Downside Target	0.57
Downside Target	0.66
Downside Target	0.69
Downside Target	0.71
Downside Target	0.79
Downside Target	0.82
Upside Target	0.91
Upside Target	0.96
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	0.8
Downside Intraday Target	0.73
Upside Intraday Target	0.92
Upside Intraday Target	0.97
Downside Intraday Target	0.85

Weekly technical analysis of Workhorse Group (WKHS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	0.86	0.81	0.91	0.79	0.8 times
11 Fri Oct 2024	0.79	0.77	0.82	0.69	0.635 times
04 Fri Oct 2024	0.77	0.95	0.96	0.69	0.851 times
27 Fri Sep 2024	0.91	0.75	0.96	0.71	1.039 times
20 Fri Sep 2024	0.73	0.69	0.80	0.66	0.234 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
16 Wed Oct 2024	0.86	0.86	0.91	0.69	0.258 times
30 Mon Sep 2024	0.87	0.68	0.96	0.57	2.091 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

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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Workhorse Group in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Workhorse Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Workhorse Group in short term and BUY signal is strong.

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 0.78 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 rising upwards.

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.