WORKHORSE GROUP INC (WKHS) Technical Analysis
NASDAQ:WKHS • US98138J5039
Current stock price
WKHS Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than WKHS.
- WKHS is one of the lesser performing stocks in the Automobiles industry. 82% 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. The S&P500 Index is trading in the upper part of its 52 week range, so WKHS is lagging the market.
- In the last month WKHS has a been trading in the 3.22 - 3.96 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
WKHS Weekly and Daily overview Charts
WKHS Setup Rating and Analysis
Although the technical rating is bad, WKHS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.45. Right above this resistance zone may be a good entry point.
More info and screens
WKHS Support and Resistance Analysis
3.27
When analyzing the support we notice one important area.
- A support zone ranging from 3.30 to 3.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.45 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
WKHS Technical Indicator Signal Analysis
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 | 2.13 | NEGATIVE | WKHS has a low relative strength, it was outperformed by 97.87% 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) | 29.51 | OVERSOLD | The low RSI value suggests WKHS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WKHS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.14 | NEUTRAL | The Stochastics value for WKHS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for WKHS suggests high volalility. |
| Average Directional Index/ADX (14) | 52.79 | POSITIVE | The high ADX value value for WKHS suggests a strong trend. |
WKHS Chart- and CandleStick Pattern Analysis
WKHS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:WKHS (3/13/2026, 8:03:28 PM)
3.31
-0.05 (-1.49%)
WORKHORSE GROUP INC / WKHS TA 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 29.5072. 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.
What is the support and resistance level for WKHS stock?
WORKHORSE GROUP INC (WKHS) has a support level at 3.3 and a resistance level at 3.45. Check the full technical report for our detailed analysis of WKHS support and resistance levels.