Trading Signals: WKHS Stock Price Prediction and Forecast

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Tue. Dec. 22, 2020

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

(Workhorse Group Inc.)
WKHS latest price $23.2900 (13.09%) ($23.2900 - $23.2900) on Tue. Dec. 22, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.91% (three month average)
RSI   65
Latest Price   $23.2900(13.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WKHS advances 1.4% a day on average for past five trading days.
Weekly Trend   WKHS declines -0.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support WKHS advance at 0% a week (0% probability)
ACES(51%)    ARKK(47%)    IBUY(46%)    IWC(46%)    XBI(46%)
Factors Impacting WKHS price   WKHS will decline at least -3.455% in a week (0% probabilities).
VIXM(-15%)    VXX(-13%)    TLT(-9%)    XLU(-8%)    XLP(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.455% (StdDev 6.91%)
Hourly BBV 2 ()
Intraday Trend 0%

5 Day Moving Average   $21.46(8.53%)
10 Day Moving Average   $21.45(8.58%)
20 Day Moving Average   $22.71(2.55%)
To recent high   -19.3%
To recent low   51.5%
Market Cap   $2.08b

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 11.05% (three month std-dev: 6.91%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -6.17%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -21.96%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -18.35%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210122

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	Dec_22_2020	21.19	22.71	21.45	21.46	21.51	21.94	23.29(13.09%)	UT	OpenLong	75	0.7	12	150	15	4	17.37	58%	0.19	-28.7	6.91%	2	0.2	65	-0.7
2	Dec_21_2020	21.15	22.95	21.24	21.16	21	20.81	20.6(-2.07%)	DT	OpenShort	-75	-0.2	-10	-90	-5	-24	11.48	56%	0.24	-15	6.85%	-0.8	-0.8	33	-1.6
3	Dec_18_2020	21.1	23.21	21.31	21.32	21.3	21.08	21.03(-0.5%)	DT	OpenShort	-75	-0.1	-11	-80	-3	-35	8.83	56%	0.24	-3.5	6.85%	-0.8	-0.8	34	1.2
4	Dec_17_2020	21.05	23.31	21.41	21.46	21.4	21.19	21.14(-0.54%)	DT	OpenShort	-75	-0.1	-15	-80	-3	-49	7.87	56%	0.24	1.4	6.95%	-0.8	-0.8	30	1.6
5	Dec_16_2020	21	23.41	21.55	21.45	21.55	21.53	21.25(-2.52%)	DT	OpenShort	-75	-0.1	-16	10	0	-64	8.85	56%	0.24	7.4	6.97%	-0.6	-0.8	28	1.5

6	Dec_15_2020	20.95	23.45	21.49	21.41	21.5	21.6	21.8(1.85%)	DP	OpenShort	-65	0.1	-21	50	2	-90	8.33	56%	0.29	11.3	7%	0.3	-0.6	28	0.8
7	Dec_14_2020	20.89	23.38	21.79	21.33	21.5	21.57	21.41(-1.5%)	DP	OpenShort	-65	0	-24	80	2	-102	8.08	58%	0.34	11.9	7.01%	0.2	-0.7	25	-0.6
8	Dec_11_2020	20.82	23.31	22.15	21.29	21.31	21.41	21.73(3.08%)	DP	OpenShort	-65	0.2	-24	40	2	-103	13.12	58%	0.29	14.3	7.12%	0.6	-0.5	41	0.3
9	Dec_10_2020	20.76	23.27	22.65	21.36	21.19	21.06	21.08(0.19%)	DP	OpenShort	-75	-0.1	-28	-70	-6	-94	8.3	58%	0.24	19.4	7.14%	-0.3	-0.7	50	0.9
10	Dec_9_2020	20.71	23.21	23.29	21.68	21.43	21.22	21.04(-1.64%)	DT	OpenShort	-75	-0.2	-19	-100	-1	-72	11.58	60%	0.24	26.5	7.18%	-0.6	-0.7	50	1

11	Dec_8_2020	20.66	23.14	24.04	21.56	21.85	21.31	21.39(0.8%)	DP	OpenShort	-75	-0.1	-22	-130	-10	-57	11.15	60%	0.24	26.7	7.29%	-0.2	-0.6	55	1.6
12	Dec_7_2020	20.61	23.05	24.78	22.33	21.55	21.64	21.22(-3.81%)	DT	OpenShort	-75	-0.3	-20	-80	-19	-22	9.27	60%	0.29	37.7	7.36%	-1.1	-0.6	59	1.1
13	Dec_4_2020	20.55	22.9	25.27	23.15	22.56	22.39	22.06(-2.86%)	N/A	N/A	0	-0.3	-2	-130	-8	17	11.43	62%	0.29	46.1	7.4%	0.6	-0.2	64	1.2
14	Dec_3_2020	20.49	22.71	25.41	24.17	23.4	21.45	22.71(11.11%)	N/A	N/A	0	-0.4	-9	-680	-24	37	25.24	62%	0.34	54.2	7.51%	0.2	0	60	0.9
15	Dec_2_2020	20.42	22.42	25.48	25.18	24.55	22.74	20.44(-18.97%)	N/A	N/A	0	-1.2	-15	-590	-42	65	33.96	60%	0.2	59.8	7.45%	-1.3	-0.5	60	1

16	Dec_1_2020	20.38	22.33	25.68	26.85	26.38	25.36	25.23(-0.38%)	UD	OpenLong	65	-0.4	20	-320	-17	129	10.03	67%	0.49	74.5	7.08%	0.3	0.7	73	1
17	Nov_30_2020	20.28	21.88	25.21	27.58	27.05	26.37	25.32(-6.67%)	UD	OpenLong	65	-0.5	31	-230	-11	158	15.96	68%	0.5	75.8	7.25%	0.2	0.8	74	1.1
18	Nov_27_2020	20.18	21.39	24.66	27.67	27.75	27.4	27.13(-2.41%)	UD	OpenLong	75	-0.1	54	-80	9	187	8.18	68%	0.75	68.6	7.2%	-2.4	1.3	83	1.1
19	Nov_25_2020	20.03	20.89	24	26.79	27.2	27.74	27.8(-3.41%)	UD	OpenLong	75	0.2	57	180	13	188	14.12	70%	0.5	60.9	7.18%	0.3	1.7	82	1.3
20	Nov_24_2020	19.93	20.31	23.14	25.8	26.05	28.09	28.78(-0.29%)	UD	OpenLong	75	0.8	72	580	32	190	28.11	70%	0.61	53.9	7.27%	1	2.2	88	1.1

21	Nov_23_2020	19.81	19.7	22.13	24.34	24.71	26.67	28.87(12.1%)	UT	HoldLong	65	1.4	78	600	47	172	25.25	70%	0.46	43.6	7.27%	1.5	2.8	78	1.1
22	Nov_20_2020	19.72	19.13	21.08	22.55	22.99	24.01	25.75(13.06%)	UT	HoldLong	65	1.3	60	370	32	142	23.57	68%	0.25	27.7	7.14%	1.9	2.6	79	1.2
23	Nov_19_2020	19.67	18.82	20.21	21.24	21.67	22.75	22.78(-0.2%)	UD	OpenLong	75	0.8	41	410	16	117	13.87	66%	0.15	10.1	6.99%	0.7	1.9	77	1.3
24	Nov_18_2020	19.64	18.65	19.7	20.79	20.81	21.96	22.82(6.24%)	UT	OpenLong	75	1.1	46	390	23	114	19.29	66%	0.31	-1.2	6.99%	1.4	2.3	66	1.3
25	Nov_17_2020	19.58	18.45	19.05	20.06	20.2	20.59	21.48(7.83%)	UT	OpenLong	75	0.9	35	160	16	93	17.86	66%		-23.1	7.01%	1.3	1.8	66	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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