Trading Signals: WKHS Stock Price Prediction and Forecast

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Fri. Sep. 18, 2020

Trading Signals: WKHS Stock Price Prediction and Forecast (Wed. Jun. 2, 2010 - Fri. May. 13, 2022)

(Workhorse Group Inc.)
WKHS latest price $30.6300 (9.24%) ($28.0500 - $30.8800) on Fri. Sep. 18, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   9.72% (three month average)
RSI   80
Latest Price   $30.6300(9.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WKHS advances 5.4% a day on average for past five trading days.
Weekly Trend   WKHS advances 22.7% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support WKHS advance at 0% a week (0% probability)
ACES(52%)    IWC(47%)    ARKK(44%)    IBUY(44%)    IWO(43%)
Factors Impacting WKHS price   WKHS will decline at least -4.86% in a week (0% probabilities).
VIXM(-17%)    VXX(-15%)    TLT(-8%)    UUP(-7%)    TIP(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.86% (StdDev 9.72%)
Hourly BBV 1.8 ()
Intraday Trend 0%

5 Day Moving Average   $27.4(11.79%)
10 Day Moving Average   $24.98(22.62%)
20 Day Moving Average   $21.46(42.73%)
To recent high   0%
To recent low   417.4%
Market Cap   $2.736b

Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment manufacturer of class 3-6 commercial-grade, medium-duty truck chassis, marketed under the Workhorse brand. The Aviation division offers delivery drones and SureFly multicopter. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.

$. WKHS price fluctuates within 19.99% (three month std-dev: 9.72%) daily (68% of days).

Sample size 19 Average positive next day return: 8.04%(53%) Average negative next day return: -5.94%(47%) Sample size 19 Average positive next three day return: 9.19%(42%) Average negative next three day return: -11.8%(58%) Sample size 19 Average positive next weekly return: 7%(42%) Average negative next weekly return: -12.68%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201018

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_18_2020	17.22	21.46	24.98	27.4	27.35	28.7	30.63(9.24%)	UT	HoldLong	65	0.8	55	340	23	149	37.89	90%	1.29	79.8	9.72%	1.8	2.1	80	1.1
2	Sep_17_2020	17	20.71	23.68	26	26.17	27.02	28.04(4.49%)	UT	HoldLong	65	0.5	47	250	18	133	27.11	90%	1.07	78.6	9.72%	1.3	1.9	77	1.1
3	Sep_16_2020	16.82	20.1	22.76	24.88	25.14	26	26.84(5.71%)	UT	OpenLong	75	0.6	39	270	12	121	27.81	90%	1.02	77.2	9.79%	1.1	1.9	73	0.7
4	Sep_15_2020	16.65	19.58	22.07	24.24	24.18	25.32	25.39(-2.74%)	UD	OpenLong	75	0.4	41	320	14	122	19.55	90%	0.91	82	9.78%	1	1.8	68	0.6
5	Sep_14_2020	16.5	19.07	21.34	23.45	23.65	24.28	26.1(10.48%)	UT	OpenLong	75	0.9	46	210	21	120	31	90%	0.98	80.3	9.82%	2.4	2.4	73	0.6

6	Sep_11_2020	16.34	18.51	20.36	22.18	22.67	23.05	23.63(5.33%)	UT	OpenLong	75	0.6	36	180	15	99	22.27	90%	0.8	74.3	9.82%	1.3	2	71	0.3
7	Sep_10_2020	16.21	18.07	19.66	20.99	21.61	23.02	22.43(-5.24%)	UD	OpenLong	75	0.6	30	550	14	78	29.48	90%	0.68	62.3	10.09%	-0.3	1.8	69	-0.6
8	Sep_9_2020	16.1	17.71	19.15	20.29	20.35	22.29	23.67(10.43%)	UT	OpenLong	75	1.6	33	680	20	73	35.3	90%	0.88	54.4	10.06%	1.2	2.7	71	-0.4
9	Sep_8_2020	15.96	17.27	18.55	19.59	19.35	20.2	21.44(8.7%)	UT	OpenLong	75	1.1	29	270	17	65	59.26	89%	0.63	51.4	10.2%	0.9	2.4	66	-1.2
10	Sep_4_2020	15.86	16.95	18.04	18.93	18.89	18.41	19.72(11.51%)	UT	OpenLong	75	0.5	19	-180	7	53	26.68	89%	0.44	35.3	10.13%	2.2	1.9	66	-1.6

11	Sep_3_2020	15.79	16.77	17.67	18.27	18.64	18.49	17.69(-6.68%)	UD	OpenLong	65	-0.4	9	0	-1	40	14.6	89%	0.25	28.3	10.12%	-1.2	0.7	63	-3.2
12	Sep_2_2020	15.75	16.71	17.52	18.08	18.33	19.36	18.95(-6.05%)	UD	OpenLong	75	0.7	17	430	8	44	22.63	89%	0.38	25.7	10.06%	0.9	1.8	69	-1.3
13	Sep_1_2020	15.69	16.6	17.26	17.78	17.76	18.78	20.17(11.31%)	UT	OpenLong	75	2	21	400	13	45	32.75	89%	0.58	23.5	9.98%	2.3	3	73	-1
14	Aug_31_2020	15.6	16.42	16.89	17.39	17.29	17.29	18.12(10.42%)	UT	OpenLong	75	0.7	16	-20	7	41	46.76	88%	0.32	20.9	9.94%	1.6	1.6	68	-0.6
15	Aug_28_2020	15.55	16.45	16.64	17.05	17.22	16.73	16.41(-2.12%)	UD	OpenLong	65	-0.6	7	-170	-2	33	12.24	88%	0.13	28	9.94%	-1.5	-0	62	0.5

16	Aug_27_2020	15.53	16.41	16.54	16.97	17.13	17.3	16.77(-3.7%)	UD	OpenLong	75	-0.2	7	100	0	28	9.62	88%	0.19	27.8	9.96%	-1.2	0.4	52	0.5
17	Aug_26_2020	15.5	16.39	16.39	16.84	16.92	17.71	17.41(-4.45%)	UD	OpenLong	75	0.6	11	340	7	24	18.87	88%	0.26	28.2	9.93%	0.7	1	55	1
18	Aug_25_2020	15.46	16.33	16.19	16.64	16.55	16.96	18.22(10.93%)	UT	OpenLong	75	1.6	11	160	9	16	29.53	88%	0.39	22.2	9.89%	1.9	1.9	57	1.3
19	Aug_24_2020	15.4	16.21	15.88	16.35	16.28	16.14	16.43(2.56%)	N/A	N/A	0	0.1	2	-70	2	0	9.31	87%	0.13	15.5	9.92%	0.8	0.2	41	1.3
20	Aug_21_2020	15.38	16.18	15.77	16.19	16.38	16.15	16.02(-0.65%)	DT	HoldShort	-50	-0.2	-4	-60	1	-17	8.22	87%	0.13	7.1	9.93%	-1.4	-0.2	26	1.4

21	Aug_20_2020	15.36	16.14	15.81	16.04	16.2	16.43	16.12(-1.86%)	DP	OpenShort	-65	0.1	-3	130	2	-16	7.53	87%	0.13	3.7	9.92%	-0.4	-0	57	1.5
22	Aug_19_2020	15.34	16.12	15.85	15.86	15.96	16.61	16.43(-2.03%)	N/A	N/A	0	0.6	1	300	7	-18	15.12	87%	0.13	-3	9.9%	0.7	0.3	53	1.5
23	Aug_18_2020	15.32	16.11	15.88	15.66	15.62	15.97	16.77(7.4%)	N/A	N/A	0	1.2	1	150	8	-19	27.02	87%	0.26	-8.8	9.89%	2.2	0.7	55	1.8
24	Aug_17_2020	15.28	16.07	15.9	15.37	15.62	15.3	15.61(2.19%)	DP	OpenShort	-65	0.3	-6	-20	1	-25	13.24	87%	0.07	-19.8	9.88%	0.6	-0.5	51	1.9
25	Aug_14_2020	15.27	16.11	16.22	15.3	15.32	15.28	15.28(0.39%)	DP	OpenShort	-75	-0	-7	-10	-4	-17	7.97	87%		-17.3	9.88%	-0.6	-0.9	52	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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