WORKSPORT LTD (WKSP)

US98139Q2093 - Common Stock

0.8346  +0.01 (+1.03%)

After market: 0.8399 +0.01 (+0.64%)

Technical Rating and Analysis

9

Taking everything into account, WKSP scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WKSP is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
WKSP is one of the better performing stocks in the Automobile Components industry, it outperforms 87% of 82 stocks in the same industry.
WKSP has an average volume of 1686810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WKSP did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
WKSP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WKSP is lagging the market slightly.
In the last month WKSP has a been trading in the 0.56 - 1.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
WKSP Weekly chart
WKSP Daily chart
Setup Rating and Analysis

4

WKSP has an excellent technical rating, but the quality of the setup is 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.

Support and Resistance Analysis

0.42

1.82

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.66 from a trend line in the weekly time frame.
  • Support @0.56 from a trend line in the daily time frame.
  • Support @0.44 from a trend line in the weekly time frame.
  • Support @0.42 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @1.80 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.91
Mansfield-0.59
10 Day High1.11
10 Day Low0.78
20 Day High1.11
20 Day Low0.56
52 Week High1.66
52 Week Low0.36
Performance
1 Week-21.26%
2 Weeks8.25%
1 Month43.9%
3 Month85.47%
6 Month19.91%
12 Month-39.96%
2 Year-16.12%
3 Year-65.51%
5 YearN/A
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)0.01
RSI(14)54.08
LBB0.57
UBB1.1
WKSP Daily chart

WORKSPORT LTD

NASDAQ:WKSP (12/20/2024, 8:00:02 PM)

After market: 0.8399 +0.01 (+0.64%)

0.8346

+0.01 (+1.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.03%
1 Week-21.26%
2 Weeks8.25%
1 Month43.9%
3 Month85.47%
6 Month19.91%
12 Month-39.96%
2 Year-16.12%
3 Year-65.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%12.76%
ATR Inc-36.57%
Range Today0.07
ADR(20)0.1
ADR(20)%12.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.91
Mansfield-0.59
10 Day High1.11
10 Day Low0.78
20 Day High1.11
20 Day Low0.56
52 Week High1.66
52 Week Low0.36
CS1 End0.82
CR1 Start1.8
Volume & EV
DER(3)-2.54%
DER(5)-2.91%
Volume1.30M
Volume Incr-8.34%
Vol(5)2.43M
Vol(50)1.69M