Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Worksport, Ltd. (NASDAQ:WKSP)
Long-Term Downtrend (-90) - WKSP is in a strong downtrend that is likely to continue. While WKSP 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 WKSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for WKSP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WKSP
The long-term trend has been DOWN since Aug 4th, 2021 at 5.2000
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 5.3500
The short-term trend has been DOWN since Oct 21st, 2021 at 5.8167
Smart Scan Analysis for WKSP
Based on our trend formula, WKSP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.09||52wk High Date||2021-09-22|
|52wk Low||4.295||52wk Low Date||2021-08-04|
|Average Volume||349,290||Shares Outstanding||11,453|