Question 1

What implications does the 10-day RSI indicator have for WKHS?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WKHS's RSI Oscillator exited the oversold zone, 38 of 47 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about WKHS's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 47 of 58 cases where WKHS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did WKHS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on WKHS as a result. In 61 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for WKHS?

Accepted Answer

WKHS moved below its 50-day moving average on August 06, 2024 date and that indicates a change from an upward trend to a downward trend. In 35 of 38 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 0%.

Question 5

What is the significance of the 10-day moving average indicator for WKHS?

Accepted Answer

The 10-day moving average for WKHS crossed bearishly below the 50-day moving average on August 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for WKHS?

Accepted Answer

Following a +7.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where WKHS advanced for three days, in 196 of 239 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for WKHS's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WKHS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

How does the Aroon Indicator reflect on WKHS's trend?

Accepted Answer

The Aroon Indicator for WKHS entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

WKHS Stock Workhorse Group (WKHS, $0.24) RSI Indicator left the overbought zone on May 17, 2024

WKHS in downward trend: price dove below 50-day moving average on August 06, 2024

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