WORKSPORT LTD (WKSP) Stock Technical Analysis
NASDAQ:WKSP - Nasdaq - US98139Q2093 - Common Stock
Overall WKSP gets a technical rating of 4 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.
83% 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. 79% of 83 stocks in the same industry do better.
WKSP has an average volume of 2113820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WKSP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WKSP is lagging the market.
In the last month WKSP has a been trading in the 0.76 - 1.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, WKSP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.82, a Stop Loss order could be placed below this zone.
More info and screens
0.43
1.82
6 important support areas can be observed.
- A support zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.76 from a trend line in the weekly time frame.
- Support @0.60 from a trend line in the daily time frame.
- Support @0.44 from a trend line in the weekly time frame.
- Support @0.43 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.98 from a trend line in the weekly time frame.
- Resistance @1.06 from a horizontal line in the daily time frame.
- Resistance @1.80 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.76
Mansfield0.08
10 Day High1.2
10 Day Low0.76
20 Day High1.2
20 Day Low0.76
52 Week High1.54
52 Week Low0.36
Performance
1 Week0.27%
2 Weeks-13.65%
1 Month-1.13%
3 Month13.35%
6 Month15.65%
12 Month-38.82%
2 Year-48.96%
3 Year-61.12%
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)-0.02
RSI(14)47.58
LBB0.75
UBB1.06
WORKSPORT LTD
NASDAQ:WKSP (1/22/2025, 2:52:06 PM)
0.929
+0.1 (+11.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg11.66%
1 Week0.27%
2 Weeks-13.65%
1 Month-1.13%
3 Month13.35%
6 Month15.65%
12 Month-38.82%
2 Year-48.96%
3 Year-61.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%13.01%
ATR Inc-36.57%
Range Today0.16
ADR(20)0.11
ADR(20)%11.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.76
Mansfield0.08
10 Day High1.2
10 Day Low0.76
20 Day High1.2
20 Day Low0.76
52 Week High1.54
52 Week Low0.36
CS1 End0.82
CR1 Start0.84
Volume & EV
DER(3)-9.4%
DER(5)-6.57%
Volume2.44M
Volume Incr-55.11%
Vol(5)932.32K
Vol(50)2.11M