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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 2024-10-08 View latest technical analysis

10 day averaged volume of Workhorse Group is 1845550

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	0.71	0.73	0.73	0.69	0.697 times
07 Mon Oct 2024	0.73	0.77	0.77	0.72	0.734 times
04 Fri Oct 2024	0.77	0.71	0.79	0.71	0.832 times
03 Thu Oct 2024	0.70	0.71	0.72	0.69	0.65 times
02 Wed Oct 2024	0.73	0.75	0.76	0.71	0.875 times
01 Tue Oct 2024	0.75	0.86	0.87	0.73	1.64 times
30 Mon Sep 2024	0.87	0.95	0.96	0.85	0.666 times
27 Fri Sep 2024	0.91	0.87	0.96	0.87	0.997 times
26 Thu Sep 2024	0.87	0.83	0.89	0.82	0.639 times
25 Wed Sep 2024	0.81	0.90	0.93	0.80	1.184 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.7 as stoploss in an intra day buy trade for a target of 0.76. However, stock will show a bearish move below 0.7.

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
Upside Target	0.77
Upside Target	0.80
Upside Target	0.87
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	0.68
Downside Intraday Target	0.64
Upside Intraday Target	0.76
Upside Intraday Target	0.8
Upside Intraday Target	0.72

Weekly technical analysis of Workhorse Group (WKHS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	0.71	0.77	0.77	0.69	0.307 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
13 Fri Sep 2024	0.68	0.62	0.81	0.57	10.135 times

Price has moved down 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
08 Tue Oct 2024	0.71	0.86	0.87	0.69	0.15 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 coming down

CCI has generated a SELL signal for Workhorse Group in short term and SELL 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 0.78 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.