The trading volume of WKHS has been increasing recently. Will its stock price rise?

The trading volume of WKHS (Workhorse Group) has been increasing recently, with a total of 94.04 million shares traded between July 11 and July 24, 2025. However, this increase in trading volume does not necessarily indicate that the stock price will rise. |code|Ticker|Name|Date|Trading Volume|market_code| |---|---|---|---|---|---| |WKHS|WKHS.O|Workhorse Group|20250724|1631929|186| The stock price of WKHS has been experiencing fluctuations, with a closing high of $4.42 on July 11, 2025, and a low of $1.97 on July 21, 2025. The recent trading volume increase could be due to a variety of factors, including investor interest, market sentiment, and company-specific news. |code|Ticker|Name|Date|Closing Price|market_code| |---|---|---|---|---|---| |WKHS|WKHS.O|Workhorse Group|20250724|2.08|186| The support and resistance levels for WKHS are $1.94 and $2.8, respectively. The stock is currently trading close to the support level, which could be a point of interest for buyers looking for a potential bounce. However, the proximity to the resistance level also suggests that upward movement may be limited. |code|Ticker|Name|Date|Support Level|Resistance Level|market_code| |---|---|---|---|---|---|---| |WKHS|WKHS.O|Workhorse Group|20250724|1.9400|2.8000|186| In conclusion, while an increase in trading volume can sometimes precede a stock price movement, it is not a guarantee of a rise. Investors should consider the stock's current price, support and resistance levels, and the broader market context before making investment decisions.