WKHS NEWS why is Workhorse Group, Inc. price falling or rising

WKHS NEWS reasons for why stock price of Workhorse Group, Inc. is falling or rising

WKHS Workhorse Group is falling or rising technical reasons

Technical analysis forecast for Workhorse Group Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Workhorse Group WKHS at this time. Stock is falling and might fall more.

It appears as if Workhorse Group WKHS gave a large move recently.

Stock of Workhorse Group (WKHS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Workhorse Group is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Workhorse Group stays below 1.2, but if it comes above 1.2, then a intra day buy could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.1 as target. However if you take a buy trade in Workhorse Group, then use 1.2 as stoploss and 1.26 as target.

WKHS Workhorse Group is falling or rising NEWS fundamental reasons

More announcements and NEWS

WKHS Workhorse Group, Inc. current price & indicator signals

Moving Averages for Workhorse Group, Inc.

5Day Average: 1.19
12Day Average: 1.27
20Day Average: 1.27
50Day Average: 1.13
100Day Average: 0.9
150Day Average: 0.91
200Day Average: 0.94

WKHS Indicators & signals

Indicator MACD (12,26,9)

1.24, 1.24, 0.03
Indicator MACD is in positive zone

Indicator ADX (14)

0, 46.67, 46.67
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WKHS Workhorse Group, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Mon Apr 2025	1.18	1.14 to 1.22	1.72%	2.1 times
25 Fri Apr 2025	1.16	1.13 to 1.19	-2.52%	1.82 times
24 Thu Apr 2025	1.19	1.14 to 1.20	-1.65%	1.62 times
22 Tue Apr 2025	1.21	1.16 to 1.32	-1.63%	0 times
21 Mon Apr 2025	1.23	1.19 to 1.41	-12.14%	2.32 times
17 Thu Apr 2025	1.40	1.31 to 1.57	6.87%	3.1 times
16 Wed Apr 2025	1.31	1.26 to 1.35	0%	0.57 times
16 Wed Apr 2025	1.31	1.26 to 1.35	0%	0 times
16 Wed Apr 2025	1.31	1.26 to 1.35	0%	0 times
16 Wed Apr 2025	1.31	1.26 to 1.35	0%	0 times
16 Wed Apr 2025	1.31	1.26 to 1.35	0%	0.57 times
16 Wed Apr 2025	1.31	1.26 to 1.35	0%	0 times