Is Workhorse Group, Inc. technically bullish or bearish?
As of August 1, 2025, Workhorse Group, Inc. shows a mildly bearish trend, with daily indicators suggesting bearishness despite a mildly bullish weekly MACD, and it has underperformed the S&P 500 significantly, declining 86.93% year-to-date compared to the S&P's 12.22%.
As of 1 August 2025, the technical trend for Workhorse Group, Inc. has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the daily moving averages and Bollinger Bands indicate a bearish stance. The KST shows a mildly bearish signal on the weekly and bearish on the monthly, while the Dow Theory presents a mixed view with a mildly bearish weekly and mildly bullish monthly. The OBV is mildly bearish weekly but bullish monthly. In terms of performance, Workhorse has significantly underperformed the S&P 500 across all multi-period returns, with a year-to-date decline of 86.93% compared to the S&P's 12.22%. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and Bollinger Bands.
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