UPWORK INC (UPWK) Technical Analysis
NASDAQ:UPWK • US91688F1049
Current stock price
UPWK Technical Rating and Analysis
Taking everything into account, UPWK scores 0 out of 10 in our technical rating. UPWK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than UPWK.
- UPWK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so UPWK is lagging the market.
- In the last month UPWK has a been trading in the 11.09 - 13.98 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.
- UPWK has an average volume of 3850530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UPWK is an average performer in the Professional Services industry, it outperforms 43% of 87 stocks in the same industry.
UPWK Weekly and Daily overview Charts
UPWK Setup Rating and Analysis
The technical rating of UPWK is bad and it also does not present a 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
UPWK Support and Resistance Analysis
11.16
We can see 2 important resistance areas.
- Resistance @12.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 21.95 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
UPWK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for UPWK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UPWK is down. |
| ChartMill Relative Strength | 11.51 | NEGATIVE | UPWK has a low relative strength, it was outperformed by 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UPWK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UPWK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UPWK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.64 | NEUTRAL | The RSI value for UPWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UPWK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.54 | OVERSOLD | The low Stochastics value suggests UPWK may be oversold. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for UPWK suggests high volalility. |
| Average Directional Index/ADX (14) | 33.91 | POSITIVE | The high ADX value value for UPWK suggests a strong trend. |
UPWK Chart- and CandleStick Pattern Analysis
UPWK Technicals: Chart, Performance Metrics, Trend & Indicators
11.275
-0.07 (-0.66%)
UPWORK INC / UPWK TA FAQ
What is the ChartMill technical rating of UPWORK INC (UPWK) stock?
ChartMill assigns a technical rating of 0 / 10 to UPWK.
What is the current trend direction of UPWORK INC (UPWK) stock?
The current trend direction for UPWORK INC (UPWK) is Bearish.
What is the RSI signal for UPWORK INC (UPWK) stock?
UPWORK INC (UPWK) has an RSI value of 30.6383. This indicates that the stock is currently neutral.
What is the MACD signal for UPWK stock?
The MACD indicator for UPWORK INC (UPWK) has a value of 0.0715308, indicating a bearish trend.
Can you provide the support and resistance levels for UPWORK INC?
UPWORK INC (UPWK) has a resistance level at 12.36. Check the full technical report for our detailed analysis of UPWK support and resistance levels.