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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Workhorse Group, Inc. (NASDAQ:WKHS)
Crossroads (+60) - WKHS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WKHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for WKHS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for WKHS
The long-term trend has been DOWN since Sep 5th, 2023 at 0.7090
The intermediate-term trend has been UP since May 6th, 2024 at 0.1944
The short-term trend has been UP since May 1st, 2024 at 0.1695
Smart Scan Analysis for WKHS
Based on our trend formula, WKHS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19240 | 0.19540 | 0.18700 | 0.19295 | -0.00625 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19920 | 6466622 | 2024-05-08 11:33:44 |
| Year High | 3.45 | Year High Date | 2018-01-25 |
| Year Low | 0.7 | Year Low Date | 2018-11-07 |
| 52wk High | 1.36 | 52wk High Date | 2023-07-31 |
| 52wk Low | 0.15 | 52wk Low Date | 2024-04-30 |
| Average Volume | 19,472,903 | Shares Outstanding | 314,830 |
| Market Cap | 202M | Assets | 141,674,724M |
| Liabilities | 58,562,553M | P/E Ratio | 3.6132 |
| Volatility | 99.82 |