THREDUP INC - CLASS A (TDUP) Stock Technical Analysis
NASDAQ:TDUP - Nasdaq - US88556E1029 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TDUP. Both in the recent history as in the last year, TDUP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TDUP is one of the better performing stocks in the market, outperforming 99% of all stocks.
TDUP is part of the Specialty Retail industry. There are 121 other stocks in this industry. TDUP outperforms 100% of them.
TDUP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TDUP is leading the market.
In the last month TDUP has a been trading in the 6.82 - 8.74 range, which is quite wide. It is currently trading near the high of this range.
TDUP has an average volume of 2658910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TDUP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.53
8.78
When analyzing the support we notice one important area.
- A support zone ranging from 7.61 to 7.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for TDUP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDUP is up. |
| ChartMill Relative Strength | 99.49 | POSITIVE | TDUP has a high relative strength, it outperformed 99.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDUP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDUP is above the rising 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) | 77.09 | OVERBOUGHT | The high RSI value suggests TDUP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TDUP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.38 | OVERBOUGHT | The high Stochastics value suggests TDUP may be overbought. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TDUP suggests some volalility. |
| Average Directional Index/ADX (14) | 51.5 | POSITIVE | The high ADX value value for TDUP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.69
+0.28 (+3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg3.33%
1 Week16.8%
2 Weeks15.71%
1 Month23.26%
3 Month239.45%
6 Month511.97%
12 Month436.42%
2 Year256.15%
3 Year247.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%4.35%
ATR Inc39.52%
Range Today0.44
ADR(20)0.37
ADR(20)%4.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.49
Mansfield23.41
10 Day High8.74
10 Day Low7.14
20 Day High8.74
20 Day Low6.82
52 Week High8.74
52 Week Low0.5
CS1 End7.68
CR1 StartN/A
Volume & EV
DER(3)3.88%
DER(5)4.7%
Volume3.95M
Volume Incr44.72%
Vol(5)2.78M
Vol(50)2.66M