THREDUP INC - CLASS A (TDUP) Stock Technical Analysis
USA - NASDAQ:TDUP - US88556E1029 - Common Stock
10.04 USD
-0.49 (-4.65%)
10.37 USD
+0.33 (+3.29%)
Overall TDUP gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TDUP has a been trading in the 9.82 - 12.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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. We also observe that the gains produced by TDUP over the past year are nicely spread over this period.
TDUP is part of the Specialty Retail industry. There are 122 other stocks in this industry. TDUP outperforms 99% of them.
TDUP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TDUP is lagging the market slightly.
TDUP has an average volume of 2250970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TDUP has an excellent technical rating, it does not present a decent entry opportunity 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
9.72
11.19
We found 2 important support areas.
- A support zone ranging from 10.03 to 10.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.82 to 9.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.54 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.93 to 11.08. 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 | NEUTRAL | NEUTRAL | The short term trend for TDUP is neutral. |
| ChartMill Relative Strength | 99.55 | POSITIVE | TDUP has a high relative strength, it outperformed 99.55% 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) | 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) | 44.49 | NEUTRAL | The RSI value for TDUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TDUP has a negative trend. |
| Stochastics (14,3) | 23.42 | NEUTRAL | The Stochastics value for TDUP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for TDUP suggests high volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for TDUP suggests a possible start of a new 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)
10.04
-0.49 (-4.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-4.65%
1 Week-7.04%
2 Weeks-11.89%
1 Month-14.04%
3 Month34.77%
6 Month287.65%
12 Month1063.79%
2 Year150.37%
3 Year445.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%6.08%
ATR Inc-12.9%
Range Today0.63
ADR(20)0.57
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.55
Mansfield9.52
10 Day High11.16
10 Day Low9.82
20 Day High12.28
20 Day Low9.82
52 Week High12.28
52 Week Low0.5
CS1 End10.03
CR1 Start10.54
Volume & EV
DER(3)2.31%
DER(5)0.75%
Volume2.75M
Volume Incr29.31%
Vol(5)2.74M
Vol(50)2.25M