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Worksport Ltd.

WKSP•NASDAQ
Consumer Cyclical
Auto - Parts
$1.13
$0.03(2.73%)
U.S. Market opens in 16h 39m

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

Live technical indicators, trading signals, and momentum insights for Worksport Ltd. (NASDAQ:WKSP).

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.03)
Trend Strength:Strong (ADX: 39.20)
Volatility:High (ATR: 0.11)
Support/Resistance:$0.86 – $1.16 (Bollinger Bands)

Overall, Worksport Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.03

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.13

Bullish
Buying momentum building without extremes.

Williams %R: -26.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 13.27

Strongly Bullish
Strong upside momentum.

Takeaway:Worksport Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.20

Strong
Strong trend, momentum well established.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): 74.70

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.16
Middle Band (SMA 20)
$1.01
Lower Band
$0.86
Current Position
Within Bands

Takeaway:Worksport Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.30
Middle Line (EMA 20)
$1.08
Lower Channel
$0.85
Squeeze Status
Squeeze On

Takeaway:Worksport Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.95M
Money Flow Index81.29Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index51.62Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:WKSP shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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.

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

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