WORKHORSE GROUP INC (WKHS) Technical Analysis
NASDAQ:WKHS • US98138J5039
Current stock price
2.65 USD
-0.13 (-4.68%)
At close:
2.69 USD
+0.04 (+1.51%)
After Hours:
WKHS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WKHS. WKHS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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. 79% of 35 stocks in the same industry do better.
- WKHS is currently making a new 52 week low. This is a very bad signal. 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 2.56 - 3.60 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
WKHS Weekly and Daily overview Charts
WKHS Setup Rating and Analysis
The technical rating of WKHS is bad and it also does not present a quality setup 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.
More info and screens
WKHS Support and Resistance Analysis
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 | 2.27 | NEGATIVE | WKHS has a low relative strength, it was outperformed by 97.73% 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) | 29.24 | OVERSOLD | The low RSI value suggests WKHS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WKHS has a negative trend. |
| Stochastics (14,3) | 18.62 | OVERSOLD | The low Stochastics value suggests WKHS may be oversold. |
| Average True Range in percent/ATR (20) | 8.27 | HIGH VOLATILITY | The high ATR as a percentage value for WKHS suggests high volalility. |
| Average Directional Index/ADX (14) | 45.18 | POSITIVE | The high ADX value value for WKHS suggests a strong trend. |
WKHS Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
WKHS Technicals: Chart, Performance Metrics, Trend & Indicators
2.65
-0.13 (-4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-4.68%
1 Week-14.24%
2 Weeks-14.79%
1 Month-23.85%
3 Month-52.34%
6 Month-80.8%
12 Month-83.52%
2 Year-99.42%
3 Year-99.91%
5 Year-99.99%
10 Year-99.99%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%8.27%
ATR Inc69.33%
Range Today0.2
ADR(20)0.22
ADR(20)%8.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.27
3 months CRS3.8
6 months CRS2.77
Mansfield-7.81
10 Day High3.4
10 Day Low2.56
20 Day High3.6
20 Day Low2.56
52 Week High67.32
52 Week Low2.56
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.49%
DER(5)0.9%
Volume179.40K
Volume Incr101.46%
Vol(5)154.94K
Vol(50)86.93K
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.
What is the RSI signal for WKHS stock?
WORKHORSE GROUP INC (WKHS) has an RSI value of 29.2388. This indicates that the stock is currently oversold.
Can you provide the MACD signal for WORKHORSE GROUP INC?
The MACD indicator for WORKHORSE GROUP INC (WKHS) has a value of -0.00990119, indicating a bearish trend.