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Worksport Ltd.

WKSP Technical Analysis Summary (NASDAQ)

Analyze WKSP on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WKSP●NASDAQ
Consumer CyclicalAuto - Parts
$0.31
$0.02(6.53%)
U.S. Market is Open · 10:50

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 (NASDAQ)

Worksport Ltd. (NASDAQ: WKSP) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.96)
Trend Strength:Strong (ADX: 34.74)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.25 – $0.37 (Bollinger Bands)

Technical conditions suggest Worksport Ltd. on the NASDAQ is awaiting a decisive move. This mix signals that Worksport Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 32.96

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.50

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.03

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.41

Strongly Bearish
Sharp downside momentum.

Takeaway:Worksport Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.74

Strong
Strong trend, momentum well established.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -140.94

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Worksport Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.37
Middle Band (SMA 20)
$0.31
Lower Band
$0.25
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.38
Middle Line (EMA 20)
$0.32
Lower Channel
$0.25
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume166.70M
Money Flow Index87.56Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index46.80Neutral 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. (NASDAQ: WKSP), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Worksport Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: WKSP) Technical Analysis FAQ