On Friday, ESS Tech, Inc. stock price gained an impressive 7.57%

The ESS Tech, Inc. stock price gained 7.57% on the last trading day (Friday, 19th Dec 2025), rising from $1.85 to $1.99. During the last trading day the stock fluctuated 6.95% from a day low at $1.87 to a day high of $2.00. The price has risen in 5 of the last 10 days but is still down by -7.87% for this period. Volume fell on the last day by -43 thousand shares and in total, 372 thousand shares were bought and sold for approximately $740.26 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

On Oct 10, 2025, it was reported that Roth Capital gave GWH a "Buy" grade with a "upgrade" action.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.81 is broken, it will firstly indicate a stronger fall rate.Given the current short-term trend, the stock is expected to fall -8.45% during the next 3 months and, with a 90% probability hold a price between $0.745 and $7.74 at the end of this 3-month period.

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The ESS Tech, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $2.03 and $2.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, October 13, 2025, and so far it has fallen -78.01%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

On the downside, the stock finds support just below today's level from accumulated volume at $1.89 and $1.79.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ESS Tech, Inc. finds support just below today's level at $1.89. If this is broken, then the next support from accumulated volume will be at $1.79 and $1.72.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.130 between high and low, or 6.95%. For the last week the stock has had daily average volatility of 10.26%.

ESS Tech, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.