Workhorse Group's 15min chart sees Bollinger Bands Narrowing, KDJ Death Cross.

Workhorse Group's 15-minute chart has exhibited a narrowing of Bollinger Bands, coupled with a KDJ Death Cross on July 24th, 2025 at 16:00. This suggests a diminution in the magnitude of stock price fluctuations, accompanied by a shift in momentum towards a downward trajectory, potentially leading to further decreases in the stock price.

Shares of Workhorse Group Inc. (WKHS) shed 3.27% to $2.07 on Monday, July 1st, 2025, as the stock market experienced an all-around mixed trading session. The NASDAQ Composite Index (COMP) rose 0.38% to 20,974.17, while the Dow Jones Industrial Average (DJIA) fell 0.04% to 44,323.07. Workhorse Group Inc. closed 91.46% below its 52-week high of $24.25, which it reached on November 12, 2024 [1].

The stock underperformed compared to some of its competitors. Tesla Inc. (TSLA) fell 0.35% to $328.49, and General Motors Co. (GM) dropped 0.02% to $53.21. Trading volume for Workhorse Group Inc. remained 1.2 million below its 50-day average volume of 3.7 million [1].

Additionally, a significant technical indicator suggests a potential downward trend for WKHS. On July 24, 2025, at 16:00, the 15-minute chart of Workhorse Group Inc. exhibited a narrowing of Bollinger Bands, coupled with a KDJ Death Cross. This suggests a diminution in the magnitude of stock price fluctuations, accompanied by a shift in momentum towards a downward trajectory, potentially leading to further decreases in the stock price.

References:
[1] https://www.marketwatch.com/data-news/workhorse-group-inc-stock-underperforms-monday-when-compared-to-competitors-dcbf9d15-6133bade0b08