Workhorse Stock Forecast

Sell candidate since Jun 25, 2026 Gain 5.65%

The Workhorse stock price gained 5.65% on the last trading day (Friday, 26th Jun 2026), rising from $2.83 to $2.99. During the last trading day the stock fluctuated 8.99% from a day low at $2.78 to a day high of $3.03. The price has fallen in 6 of the last 10 days and is down by -4.78% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 10 thousand more shares were traded than the day before. In total, 196 thousand shares were bought and sold for approximately $585.93 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $2.70 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 13.54% during the next 3 months and, with a 90% probability hold a price between $3.07 and $5.38 at the end of this 3-month period.

WKHS Signals & Forecast

There are mixed signals in the stock today. The Workhorse stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $3.26. On a fall, the stock will find some support from the short-term average at $2.87. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, May 28, 2026, and so far it has fallen -34.43%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Workhorse has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Workhorse stock

Workhorse finds support from accumulated volume at $2.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.250 between high and low, or 8.99%. For the last week, the stock has had daily average volatility of 6.19%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WKHS) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Workhorse Group to open at $2.93, and during the day (based on 14 day Average True Range), to move between $2.86 and $3.12, which gives a possible trading interval of +/-$0.266 (+/-9.32%) up or down from last closing price. If Workhorse Group takes out the full calculated possible swing range there will be an estimated 9.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.03 (1.34%) than the support at $2.91 (2.68%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Workhorse Group stock A Buy?

Workhorse holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.131 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 29, 2026 - $2.93 ( 1.90%).

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