WORKSPORT LTD (WKSP) Stock Technical Analysis
NASDAQ:WKSP - US98139Q3083 - Common Stock
3.41 USD
-0.06 (-1.73%)
Overall WKSP gets a technical rating of 3 out of 10. WKSP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
87% of all other stocks performed better in the past year than WKSP.
WKSP is one of the lesser performing stocks in the Automobile Components industry. 93% of 80 stocks in the same industry do better.
WKSP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month WKSP has a been trading in the 2.77 - 4.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WKSP 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
2.95
6.69
We found 2 important support areas.
- A support zone ranging from 3.04 to 3.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.98 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @3.82 from a horizontal line in the daily time frame.
- Resistance @5.76 from a trend line in the weekly time frame.
- Resistance @6.62 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for WKSP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WKSP is neutral. |
| ChartMill Relative Strength | 13.33 | NEGATIVE | WKSP has a low relative strength, it was outperformed by 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WKSP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WKSP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WKSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.39 | NEUTRAL | The RSI value for WKSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WKSP has a positive trend. |
| Stochastics (14,3) | 46.69 | NEUTRAL | The Stochastics value for WKSP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.8 | HIGH VOLATILITY | The high ATR as a percentage value for WKSP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for WKSP suggests a weak or negative trend. |
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)
NASDAQ:WKSP (9/5/2025, 4:00:00 PM)
3.41
-0.06 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.73%
1 Week12.66%
2 Weeks18.43%
1 Month-2.53%
3 Month7.1%
6 Month-41.69%
12 Month-35.5%
2 Year-83.48%
3 Year-80.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%9.8%
ATR Inc291.86%
Range Today0.18
ADR(20)0.33
ADR(20)%9.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.33
Mansfield-4.02
10 Day High4.3
10 Day Low2.77
20 Day High4.3
20 Day Low2.77
52 Week High12
52 Week Low2.44
CS1 End3.05
CR1 Start3.82
Volume & EV
DER(3)-0.69%
DER(5)-3.29%
Volume9.57K
Volume Incr358.2%
Vol(5)1.31M
Vol(50)409.41K