Technical Analysis for WKHS - Workhorse Group, Inc.

Grade Last Price % Change Price Change
F 0.24 -5.10% -0.01
WKHS closed down 5.1 percent on Friday, May 17, 2024, on 1.42 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Wide Range Bar Range Expansion 0.00%
Upper Bollinger Band Walk Strength 0.00%
Weak + Overbought Other 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup -5.10%
Pocket Pivot Bullish Swing Setup -5.10%
Wide Range Bar Range Expansion -5.10%
Stochastic Reached Overbought Strength -5.10%

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Profile

Workhorse Group, Inc. Description

Workhorse Group Inc. designs, markets, and sells modified vehicles with an all-electric power train and battery systems under the Workhorse brand. It converts existing internal combustion engine based vehicles to all electric power trains; provides original equipment manufacturers with its designed and integrated modular electric components; and provides electric power train engineering to end-users. The company's products are used for commercial step vans in package delivery, product delivery, laundry and uniform service, food service, utility, and special use industries; medium duty buses, including para-transit, shuttle, and school buses; special use vehicles, such as emergency vehicles, wreckers, construction equipment, communications equipment, and military base application vehicles; and recreational vehicles. It also produces chassis with electric, propane, compressed natural gas, and hybrid configurations, as well as gasoline drive systems. The company was formerly known as AMP Holding, Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.


Classification

Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Natural Gas Transport Electric Vehicle Food Service Propane Motor Vehicles Communications Equipment Construction Equipment Combustion Chassis Truck Uniform Battery Electric Vehicle Compressed Natural Gas Green Vehicles School Buses Battery Systems School Bus Drive Systems Internal Combustion Engine Package Delivery Multi Stop Truck

Is WKHS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.36
52 Week Low 0.15
Average Volume 17,226,340
200-Day Moving Average 0.40
50-Day Moving Average 0.21
20-Day Moving Average 0.18
10-Day Moving Average 0.21
Average True Range 0.03
RSI (14) 61.83
ADX 31.45
+DI 32.37
-DI 9.36
Chandelier Exit (Long, 3 ATRs) 0.19
Chandelier Exit (Short, 3 ATRs) 0.23
Upper Bollinger Bands 0.24
Lower Bollinger Band 0.13
Percent B (%b) 0.97
BandWidth 63.88
MACD Line 0.01
MACD Signal Line 0.00
MACD Histogram 0.0104
Fundamentals Value
Market Cap 62.61 Million
Num Shares 261 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -0.37
Price-to-Sales 5.46
Price-to-Book 0.57
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.32
Resistance 3 (R3) 0.32 0.30 0.31
Resistance 2 (R2) 0.30 0.28 0.30 0.30
Resistance 1 (R1) 0.27 0.26 0.26 0.27 0.30
Pivot Point 0.24 0.24 0.24 0.24 0.24
Support 1 (S1) 0.21 0.22 0.20 0.21 0.18
Support 2 (S2) 0.19 0.21 0.19 0.18
Support 3 (S3) 0.16 0.19 0.17
Support 4 (S4) 0.16