WKHS Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Workhorse Group Inc (WKHS) Moving Averages Convergence Divergence (MACD) indicator is 0.198, suggesting WKHS is Buy.

Workhorse Group Inc (WKHS) 20-Day simple moving average is 3.486, while Workhorse Group Inc (WKHS) share price is $3.58, making it Buy.

Workhorse Group Inc (WKHS) 60-Day simple moving average is 3.114, while Workhorse Group Inc (WKHS) share price is $3.58, making it Buy.

Technical Analysis for WKHS

Technical Sentiment Analysis for Workhorse Group Inc (WKHS) As of 2026-06-02, Workhorse Group Inc (WKHS) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WKHS stands at 55.361, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.198, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 50.087 and the Commodity Channel Index (CCI) at 57.008 further confirm a 0.74 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, WKHS is trading below its 60-day moving average of $3.114 and below its 200-day long-term moving average of $7.497. Key price levels to watch include the immediate resistance at $4.555 and strong support at $2.645. A break above $4.555 could signal a bull continuation, while falling below $2.645 may test the next Fibonacci floor at $1.773.

Workhorse Group Inc (WKHS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.735	1.773	2.645	3.683	4.555	5.593	6.465
Fibonacci	1.773	2.502	2.953	3.683	4.412	4.863	5.593

Workhorse Group Inc (WKHS) Technical Indicators

2026-06-02

Name	Value
RSI_14	55.361
STOCHk_14_3_3	50.087
STOCHd_14_3_3	62.118
CCI_20	57.008
AO_5_34	0.717
MOM_10	0.74
MACD_12_26_9	0.198

Workhorse Group Inc (WKHS) Relative Strength Index (RSI) is 55.361, creating a Neutral signal.

Workhorse Group Inc (WKHS) Stochastic Oscillator is 50.087, creating a Neutral signal.

Workhorse Group Inc (WKHS) Stochastic RSI is 62.118, creating a Neutral signal.

Workhorse Group Inc (WKHS) Commodity Channel Index (CCI) is 57.008, creating a Neutral signal.

Workhorse Group Inc (WKHS) Awesome Oscillator is 0.717, creating a Buy signal.

Workhorse Group Inc (WKHS) Momentum is 0.74, creating a Buy signal.

Workhorse Group Inc (WKHS) MACD is 0.198, creating a Buy signal.

Workhorse Group Inc (WKHS) Moving Average

2026-06-02

Period	Simple	Signal
MA_5	3.912	Sell
MA_10	3.518	Buy
MA_20	3.486	Buy
MA_60	3.114	Buy
MA_200	7.497	Sell
MA_250	9.979	Sell

Workhorse Group Inc (WKHS) 5-Day simple moving average is 3.912, while Workhorse Group Inc (WKHS) share price is $3.58, making it a Sell.

Workhorse Group Inc (WKHS) 10-Day simple moving average is 3.518, while Workhorse Group Inc (WKHS) share price is $3.58, making it a Buy.

Workhorse Group Inc (WKHS) 20-Day simple moving average is 3.486, while Workhorse Group Inc (WKHS) share price is $3.58, making it a Buy.

Workhorse Group Inc (WKHS) 60-Day simple moving average is 3.114, while Workhorse Group Inc (WKHS) share price is $3.58, making it a Buy.

Workhorse Group Inc (WKHS) 200-Day simple moving average is 7.497, while Workhorse Group Inc (WKHS) share price is $3.58, making it a Sell.

Workhorse Group Inc (WKHS) 250-Day simple moving average is 9.979, while Workhorse Group Inc (WKHS) share price is $3.58, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for WKHS?

The overall technical consensus for Workhorse Group Inc (WKHS) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 0 sell signals.

What are the key support and resistance levels for Workhorse Group Inc (WKHS) today?

Based on pivot point calculations, Workhorse Group Inc (WKHS) has an immediate support level at 2.645 and a major resistance level at 4.555. Traders also monitor the pivot point at 3.683 to determine the intraday trend direction.

Is Workhorse Group Inc (WKHS) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Workhorse Group Inc (WKHS) is currently 55.361. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Workhorse Group Inc (WKHS)?

Workhorse Group Inc (WKHS) Moving Averages Convergence Divergence (MACD) indicator is 0.198, suggesting WKHS is Buy. This indicator helps identify potential trend reversals or momentum shifts for Workhorse Group Inc.

How is Workhorse Group Inc (WKHS) performing relative to its 200-day moving average?

Workhorse Group Inc (WKHS) is currently trading at $3.58, which is below its 200-day simple moving average of 7.497. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.