UPSTART HOLDINGS INC (UPST) Stock Technical Analysis
NASDAQ:UPST - Nasdaq - US91680M1071 - Common Stock - Currency: USD
Overall UPST gets a technical rating of 10 out of 10. UPST has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, UPST did better than 97% of all other stocks. We also observe that the gains produced by UPST over the past year are nicely spread over this period.
UPST is part of the Consumer Finance industry. There are 53 other stocks in this industry. UPST outperforms 86% of them.
UPST 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 UPST is lagging the market slightly.
In the last month UPST has a been trading in the 52.26 - 81.48 range, which is quite wide. It is currently trading near the high of this range.
UPST has an average volume of 6620110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although UPST has an excellent technical rating, it 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
39.21
85.30
We found 4 important support areas.
- A support zone ranging from 74.12 to 74.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.15 from a trend line in the daily time frame.
- Support @54.18 from a trend line in the daily time frame.
- Support @39.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 78.74 to 79.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @84.46 from a horizontal line in the weekly 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 UPST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UPST is up. |
| ChartMill Relative Strength | 97.65 | POSITIVE | UPST has a high relative strength, it outperformed 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UPST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UPST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UPST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.37 | NEUTRAL | The RSI value for UPST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests UPST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.04 | NEUTRAL | The Stochastics value for UPST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for UPST suggests high volalility. |
| Average Directional Index/ADX (14) | 43.07 | POSITIVE | The high ADX value value for UPST 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)
74.13
-0.86 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.14%
1 Week-2.55%
2 Weeks14.61%
1 Month42.5%
3 Month81.16%
6 Month17.74%
12 Month166.75%
2 Year7.92%
3 Year204.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.02
ATR(20)%5.56%
ATR Inc30.9%
Range Today2.86
ADR(20)3.8
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield2.65
10 Day High81.48
10 Day Low63.12
20 Day High81.48
20 Day Low52.26
52 Week High96.43
52 Week Low20.6
CS1 End74.12
CR1 Start78.74
Volume & EV
DER(3)0.62%
DER(5)1.27%
Volume3.94M
Volume Incr-12.1%
Vol(5)5.66M
Vol(50)6.62M