THREDUP INC - CLASS A (TDUP) Stock Technical Analysis
USA - NASDAQ:TDUP - US88556E1029 - Common Stock
Overall TDUP gets a technical rating of 4 out of 10. Although TDUP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TDUP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.65
We found 1 important support area.
- A support zone ranging from 7.73 to 7.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.70 to 8.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TDUP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TDUP is down. |
| ChartMill Relative Strength | 99.44 | POSITIVE | TDUP has a high relative strength, it outperformed 99.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TDUP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TDUP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TDUP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.32 | NEUTRAL | The RSI value for TDUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TDUP has a negative trend. |
| Stochastics (14,3) | 11.7 | OVERSOLD | The low Stochastics value suggests TDUP may be oversold. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for TDUP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for TDUP suggests a weak or negative trend. |
7.74
-0.17 (-2.15%)
THREDUP INC - CLASS A / TDUP FAQ
What is the ChartMill technical rating of THREDUP INC - CLASS A (TDUP) stock?
ChartMill assigns a technical rating of 4 / 10 to TDUP.
What is the current trend direction of THREDUP INC - CLASS A (TDUP) stock?
The current trend direction for THREDUP INC - CLASS A (TDUP) is Bearish.
What is the RSI signal for THREDUP INC - CLASS A (TDUP) stock?
THREDUP INC - CLASS A (TDUP) has an RSI value of 32.3198. This indicates that the stock is currently neutral.
What is the short term momentum for THREDUP INC - CLASS A (TDUP) stock?
The short term momentum for THREDUP INC - CLASS A (TDUP) is negative.
Can you provide the support and resistance levels for THREDUP INC - CLASS A?
THREDUP INC - CLASS A (TDUP) has a support level at 7.73 and a resistance level at 8.7. Check the full technical report for our detailed analysis of TDUP support and resistance levels.