UPWORK INC (UPWK)

US91688F1049 - Common Stock

11.96  +0.26 (+2.22%)

After market: 12.5 +0.54 (+4.52%)

Technical Rating and Analysis

2

Taking everything into account, UPWK scores 2 out of 10 in our technical rating. Although UPWK 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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
UPWK is part of the Professional Services industry. There are 81 other stocks in this industry. UPWK outperforms 80% of them.
In the last month UPWK has a been trading in the 10.98 - 12.45 range, which is quite wide. It is currently trading near the high of this range.
UPWK has an average volume of 1919560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, UPWK did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
UPWK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UPWK is lagging the market slightly.
Weekly and Daily overview Charts
UPWK Weekly chart
UPWK Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

9.80

15.71

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 11.11 to 11.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.90 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 11.97 to 11.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @14.85 from a horizontal line in the weekly time frame.
  • Resistance @15.55 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.53
Mansfield-0.96
10 Day High12.34
10 Day Low11.05
20 Day High12.45
20 Day Low10.98
52 Week High16.36
52 Week Low7.54
Performance
1 Week5.28%
2 Weeks6.31%
1 Month-1.81%
3 Month-15.48%
6 Month6.12%
12 Month49.5%
2 Year-34.47%
3 Year-74.59%
5 Year-20.16%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)54.17
LBB10.89
UBB11.91
UPWK Daily chart

UPWORK INC

NASDAQ:UPWK (5/1/2024, 7:27:53 PM)

After market: 12.5 +0.54 (+4.52%)

11.96

+0.26 (+2.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg2.22%
1 Week5.28%
2 Weeks6.31%
1 Month-1.81%
3 Month-15.48%
6 Month6.12%
12 Month49.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%2.96%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.34
10 Day Low11.05
20 Day High12.45
20 Day Low10.98
52 Week High16.36
52 Week Low7.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.13M
Volume Incr20.01%
Vol(5)2.16M
Vol(50)1.92M