(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 2024-05-16 View latest technical analysis
10 day averaged volume of Workhorse Group is 22098583
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 0.25 | 0.23 | 0.27 | 0.22 | 1.494 times |
| 15 Wed May 2024 | 0.23 | 0.21 | 0.23 | 0.19 | 1.348 times |
| 14 Tue May 2024 | 0.21 | 0.19 | 0.21 | 0.19 | 1.029 times |
| 13 Mon May 2024 | 0.18 | 0.18 | 0.19 | 0.17 | 0.442 times |
| 10 Fri May 2024 | 0.18 | 0.21 | 0.21 | 0.18 | 0.767 times |
| 09 Thu May 2024 | 0.21 | 0.19 | 0.22 | 0.19 | 0.55 times |
| 08 Wed May 2024 | 0.19 | 0.19 | 0.20 | 0.19 | 0.418 times |
| 07 Tue May 2024 | 0.20 | 0.19 | 0.21 | 0.19 | 0.962 times |
| 06 Mon May 2024 | 0.19 | 0.16 | 0.21 | 0.16 | 2.552 times |
| 03 Fri May 2024 | 0.16 | 0.17 | 0.17 | 0.16 | 0.964 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 0.2, for a target of 0.2 or 0.18
Share price targets for Workhorse Group (WKHS)
| Target Type | Value |
| Downside Target | 0.15 |
| Downside Target | 0.16 |
| Downside Target | 0.17 |
| Downside Target | 0.19 |
| Downside Target | 0.20 |
| Downside Target | 0.22 |
| Downside Target | 0.23 |
| Downside Target | 0.24 |
| Upside Target | 0.26 |
| Upside Target | 0.27 |
| Upside Target | 0.35 |
| Upside Target | 0.38 |
| Upside Target | 0.41 |
Intraday share price targets for Workhorse Group (WKHS)
| Target Type | Value |
| Downside Intraday Target | 0.19 |
| Downside Intraday Target | 0.13 |
| Upside Intraday Target | 0.29 |
| Upside Intraday Target | 0.33 |
| Downside Intraday Target | 0.23 |
Weekly technical analysis of Workhorse Group (WKHS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 0.25 | 0.18 | 0.27 | 0.17 | 0.822 times |
| 10 Fri May 2024 | 0.18 | 0.16 | 0.22 | 0.16 | 1.154 times |
| 03 Fri May 2024 | 0.16 | 0.16 | 0.17 | 0.15 | 1.349 times |
| 26 Fri Apr 2024 | 0.16 | 0.16 | 0.17 | 0.15 | 0.918 times |
| 19 Fri Apr 2024 | 0.16 | 0.19 | 0.19 | 0.15 | 0.963 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 Thu May 2024 | 0.25 | 0.15 | 0.27 | 0.15 | 0.72 times |
| 30 Tue Apr 2024 | 0.15 | 0.23 | 0.24 | 0.15 | 1.494 times |
| 28 Thu Mar 2024 | 0.23 | 0.34 | 0.35 | 0.20 | 1.306 times |
| 29 Thu Feb 2024 | 0.33 | 0.27 | 0.41 | 0.23 | 1.512 times |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Workhorse Group ( (WKHS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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.
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 and the buying is gaining 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 0.2 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.
Price action analysis of Workhorse Group ( (WKHS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Workhorse Group ( (WKHS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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.
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 and the buying is gaining 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 0.2 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.