WORKHORSE GROUP INC (WKHS)
US98138J3059 - Common Stock
We assign a technical rating of 1 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.
When comparing the yearly performance of all stocks, WKHS is a bad performer in the overall market: 93% of all stocks are doing better.
WKHS is part of the Automobiles industry. There are 42 other stocks in this industry, of which 60% are performing better than WKHS.
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 0.74 - 1.26 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.
WKHS has an average volume of 3237320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
0.74
1.24
We found 1 important support area.
- Support @0.75 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.23 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.42
Mansfield-7.58
10 Day High1.21
10 Day Low0.74
20 Day High1.26
20 Day Low0.74
52 Week High8.18
52 Week Low0.57
Performance
1 Week-19.66%
2 Weeks-26.96%
1 Month-16.42%
3 Month10.05%
6 Month-53.02%
12 Month-89.14%
2 Year-97.36%
3 Year-99.08%
5 Year-98.68%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)38.13
LBB0.74
UBB1.19
WORKHORSE GROUP INC
NASDAQ:WKHS (12/23/2024, 12:43:05 PM)
0.7613
-0.04 (-5.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-5.24%
1 Week-19.66%
2 Weeks-26.96%
1 Month-16.42%
3 Month10.05%
6 Month-53.02%
12 Month-89.14%
2 Year-97.36%
3 Year-99.08%
5 Year-98.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%12.86%
ATR Inc-3.94%
Range Today0.06
ADR(20)0.1
ADR(20)%13.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.42
Mansfield-7.58
10 Day High1.21
10 Day Low0.74
20 Day High1.26
20 Day Low0.74
52 Week High8.18
52 Week Low0.57
CS1 End0.75
CR1 Start0.94
Volume & EV
DER(3)-3.93%
DER(5)-5.7%
Volume1.81M
Volume Incr20.88%
Vol(5)3.36M
Vol(50)3.24M