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Workhorse Group, Inc.

Workhorse Group, Inc. technical analysis

WKHSConsumer Cyclical Updated daily

Technical analysis of Workhorse Group, Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Workhorse Group, Inc.

Workhorse Group, Inc. is a Michigan-based company that designs and manufactures electric delivery vehicles, including step vans, shuttle buses, school buses, and work trucks, as well as drone delivery systems. The company provides remote data management systems, telematics, charging infrastructure solutions, and after-sales services under the Workhorse and Motiv brand names.

Description generated automatically from public sources; it may be inaccurate or out of date.

Workhorse Group, Inc.: latest session data

Closing values for September 4, 2026, computed on the last 12 months of prices.

Close3.09 $
Change−1.59%
RSI (14)48.2
MACD0.046
ADX25.4
Volatility (ATR)9.57%
Volume vs 20-avg75%
12-month high4.70 $
12-month low2.31 $

Moving averages

21 sessions

3.19 $

−3.09%

50 sessions

3.01 $

+2.70%

200 sessions

4.09 $

−24.36%

Session levels

s2

2.91

Support

s1

3.03

Support

pivot

3.21

Pivot

r1

3.32

Resistance

r2

3.50

Resistance

How to read it

In the September 4, 2026 session Workhorse Group, Inc. closed lower at 3.09 $, −1.59% versus the previous session.

The price sits mixed against its moving averages: −3.09% against the 21-session average, +2.70% against the 50 and −24.36% against the 200.

The 14-period RSI reads 48.2, in neutral territory.

MACD stands at 0.046 against a signal line at 0.059: the histogram is negative (−0.013).

ADX reads 25.4, indicating a marked directionality.

Levels computed on the latest session place supports at 3.03 and 2.91 $ and resistances at 3.32 and 3.50 $, around a pivot of 3.21.

The average daily range (ATR) is 0.296 $, or 9.57% of price.

Turnover was 95.1K shares, 75% of the 20-session average.

Over the last twelve months the price ranged between 2.31 and 4.70 $, and today stands −34.26% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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How Montbon’s technical analysis works

Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.

Elliott Waves

Wave counting to frame the price structure.

MTF moving averages

Moving averages across timeframes to read the trend.

0–100 score

A technical summary of the setup, updated daily.

Read the full Montbon Score methodology →

FAQ about Workhorse Group, Inc.

How is Workhorse Group, Inc. analysed technically?

Technical analysis of Workhorse Group, Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.

Which timeframes are used for Workhorse Group, Inc.?

The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.

What are Elliott Waves applied to Workhorse Group, Inc.?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Workhorse Group, Inc. it helps frame the technical structure of the historical chart and is not a forecast.

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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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