WORKHORSE GROUP INC (WKHS) Stock Technical Analysis
NASDAQ:WKHS • US98138J5039
Taking everything into account, WKHS scores 0 out of 10 in our technical rating. WKHS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WKHS is a bad performer in the overall market: 100% of all stocks are doing better.
- WKHS is one of the lesser performing stocks in the Automobiles industry. 85% of 35 stocks in the same industry do better.
- WKHS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- WKHS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
WKHS has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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3.28
When analyzing the support we notice one important area.
- A support zone ranging from 3.31 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WKHS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WKHS is down. |
| ChartMill Relative Strength | 0.97 | NEGATIVE | WKHS has a low relative strength, it was outperformed by 99.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WKHS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WKHS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WKHS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.59 | OVERSOLD | The low RSI value suggests WKHS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WKHS has a positive trend. |
| Stochastics (14,3) | 13.67 | OVERSOLD | The low Stochastics value suggests WKHS may be oversold. |
| Average True Range in percent/ATR (20) | 7.59 | HIGH VOLATILITY | The high ATR as a percentage value for WKHS suggests high volalility. |
| Average Directional Index/ADX (14) | 49.66 | POSITIVE | The high ADX value value for WKHS suggests a strong trend. |
NASDAQ:WKHS (3/2/2026, 3:34:56 PM)
3.4946
+0.12 (+3.7%)
WORKHORSE GROUP INC / WKHS FAQ
Can you provide the ChartMill technical rating for WORKHORSE GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to WKHS.
Can you provide the trend direction for WORKHORSE GROUP INC?
The current trend direction for WORKHORSE GROUP INC (WKHS) is Bearish.
Can you provide the RSI signal for WORKHORSE GROUP INC?
WORKHORSE GROUP INC (WKHS) has an RSI value of 27.5865. This indicates that the stock is currently oversold.
What is the short term momentum for WKHS stock?
The short term momentum for WORKHORSE GROUP INC (WKHS) is negative.