UPWORK INC (UPWK) Stock Technical Analysis
USA - NASDAQ:UPWK - US91688F1049 - Common Stock
Overall UPWK gets a technical rating of 7 out of 10. Both in the recent history as in the last year, UPWK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although UPWK 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.
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11.68
4 important support areas can be observed.
- A support zone ranging from 16.35 to 16.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.63 to 15.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.41 from a trend line in the weekly time frame.
- A support zone ranging from 11.80 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.46 to 17.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for UPWK is neutral. |
| ChartMill Relative Strength | 84.71 | POSITIVE | UPWK has a high relative strength, it outperformed 84.71% 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) | 54.34 | 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. |
| Stochastics (14,3) | 32.35 | NEUTRAL | The Stochastics value for UPWK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for UPWK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.73 | NEUTRAL | The ADX value for UPWK suggests a possible start of a new trend. |
17.45
+1.3 (+8.05%)
UPWORK INC / UPWK FAQ
What is the ChartMill technical rating of UPWORK INC (UPWK) stock?
ChartMill assigns a technical rating of 7 / 10 to UPWK.
Can you provide the trend direction for UPWORK INC?
The current trend direction for UPWORK INC (UPWK) is Bullish.
What is the RSI signal for UPWORK INC (UPWK) stock?
UPWORK INC (UPWK) has an RSI value of 54.3448. This indicates that the stock is currently neutral.
What is the MACD signal for UPWORK INC (UPWK) stock?
The MACD indicator for UPWORK INC (UPWK) has a value of 0.0702636, indicating a bearish trend.
Can you provide the support and resistance levels for UPWORK INC?
UPWORK INC (UPWK) has a support level at 16.59 and a resistance level at 17.46. Check the full technical report for our detailed analysis of UPWK support and resistance levels.