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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 2024-11-06 View latest technical analysis

10 day averaged volume of Workhorse Group is 852150

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	0.78	0.77	0.78	0.73	2.441 times
05 Tue Nov 2024	0.76	0.75	0.78	0.73	1.31 times
04 Mon Nov 2024	0.74	0.78	0.78	0.73	0.838 times
01 Fri Nov 2024	0.77	0.75	0.78	0.75	0.821 times
31 Thu Oct 2024	0.76	0.79	0.79	0.75	1.034 times
30 Wed Oct 2024	0.78	0.80	0.80	0.76	0.986 times
29 Tue Oct 2024	0.80	0.85	0.85	0.80	0.834 times
28 Mon Oct 2024	0.86	0.82	0.86	0.81	1.12 times
25 Fri Oct 2024	0.81	0.78	0.82	0.78	0.953 times
24 Thu Oct 2024	0.79	0.80	0.81	0.78	0.876 times

Stock of Workhorse Group (WKHS) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.8, but if it comes above 0.8, then a intra day buy could be more profitable.
If you take a sell trade below 0.8, then use 0.8 as stoploss and 0.7 as target. However if you take a buy trade in stock , then use 0.8 as stoploss and 0.8 as target.

Share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Target	0.57
Downside Target	0.67
Downside Target	0.69
Downside Target	0.73
Downside Target	0.75
Downside Target	0.77
Upside Target	0.82
Upside Target	0.84
Upside Target	0.86
Upside Target	0.91
Upside Target	0.96
Upside Target	1.29
Upside Target	1.43
Upside Target	2.25

Intraday share price targets for Workhorse Group (WKHS)

Target Type	Value
Downside Intraday Target	0.75
Downside Intraday Target	0.71
Upside Intraday Target	0.8
Upside Intraday Target	0.81
Downside Intraday Target	0.76

Weekly technical analysis of Workhorse Group (WKHS)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	0.78	0.78	0.78	0.73	0.957 times
01 Fri Nov 2024	0.77	0.82	0.86	0.75	0.969 times
25 Fri Oct 2024	0.81	0.83	0.84	0.77	0.6 times
18 Fri Oct 2024	0.83	0.81	0.91	0.77	1.286 times
11 Fri Oct 2024	0.79	0.77	0.82	0.69	0.635 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
06 Wed Nov 2024	0.78	0.75	0.78	0.73	0.168 times
31 Thu Oct 2024	0.76	0.86	0.91	0.69	0.411 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

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 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 neutral. A longer time frame might give a better analysis.

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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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.