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WKHS forms New Downtrend on June 16

Workhorse Group, Inc. (WKHS) — SwingTradeBot Technical Analysis Report · Jun 16, 2026, 17:39 ET
WKHS closed down 2.79% on Tuesday, June 16th, with volume running 0.6× below average. Multiple bearish signals emerged — New Downtrend and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 2.73, 2.66 & 2.55, with resistance at 2.91, 3.02 & 3.09. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of WKHS: F

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Workhorse Group, Inc. (WKHS)