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Worksport Ltd.

Worksport Ltd. (WKSP) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Worksport Ltd..

WKSP●NASDAQ
Consumer CyclicalAuto - Parts
$0.87
$0.04(4.43%)
U.S. Market opens in 4h 43m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WKSP Technical Analysis Summary

Worksport Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.25)
Trend Strength:Strong (ADX: 38.23)
Volatility:High (ATR: 0.17)
Support/Resistance:$0.45 – $1.20 (Bollinger Bands)

Technical conditions suggest Worksport Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.25

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 42.47

Neutral
Mid-range signal with no clear trend.

Williams %R: -63.18

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 38.75

Strongly Bullish
Strong upside momentum.

Takeaway:Worksport Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.23

Strong
Strong trend, momentum well established.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -32.77

Bearish
Bearish, momentum remains under pressure.

Takeaway:Worksport Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.20
Middle Band (SMA 20)
$0.83
Lower Band
$0.45
Current Position
Within Bands

Takeaway:Worksport Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.22
Middle Line (EMA 20)
$0.89
Lower Channel
$0.55
Squeeze Status
No Squeeze

Takeaway:Worksport Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume301.03M
Money Flow Index94.02Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index42.29Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WKSP shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Worksport Ltd., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Worksport Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ