Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Workhorse Group, Inc. (NASDAQ:WKHS)
Long-Term Downtrend (-90) - WKHS is in a strong downtrend that is likely to continue. While WKHS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for WKHS
The long-term trend has been DOWN since Oct 7th, 2022 at 2.450
The intermediate-term trend has been DOWN since Feb 10th, 2023 at 1.940
The short-term trend has been DOWN since May 23rd, 2023 at 0.885
Smart Scan Analysis for WKHS
Based on our trend formula, WKHS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.45||Year High Date||2018-01-25|
|Year Low||0.7||Year Low Date||2018-11-07|
|52wk High||4.73||52wk High Date||2022-08-08|
|52wk Low||0.824||52wk Low Date||2023-05-15|
|Average Volume||6,488,223||Shares Outstanding||184,958|