Taking everything into account, UPWK scores 8 out of 10 in our technical rating. Although UPWK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, UPWK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
11.68
6 important support areas can be observed.
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 UPWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UPWK is up. |
| ChartMill Relative Strength | 77.62 | POSITIVE | UPWK has a high relative strength, it outperformed 77.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UPWK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UPWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UPWK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for UPWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests UPWK has a negative trend. |
| Stochastics (14,3) | 41.54 | NEUTRAL | The Stochastics value for UPWK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for UPWK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.01 | POSITIVE | The high ADX value value for UPWK suggests a strong trend. |
20.6
+0.13 (+0.64%)
ChartMill assigns a technical rating of 8 / 10 to UPWK.
The current trend direction for UPWORK INC (UPWK) is Bullish.
UPWORK INC (UPWK) has an RSI value of 56.4258. This indicates that the stock is currently neutral.
The MACD indicator for UPWORK INC (UPWK) has a value of -0.0905129, indicating a bearish trend.
UPWORK INC (UPWK) has a support level at 20.23. Check the full technical report for our detailed analysis of UPWK support and resistance levels.