We assign a technical rating of 7 out of 10 to UPWK. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
UPWK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 19.84, a Stop Loss order could be placed below this zone.
More info and screens
11.68
We found 6 important support areas.
- A support zone ranging from 19.55 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.11 to 19.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.38 from a trend line in the daily time frame.
- Support @15.91 from a horizontal line in the daily time frame.
- Support @12.84 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.
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 | 82.82 | POSITIVE | UPWK has a high relative strength, it outperformed 82.82% 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) | 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) | 49.41 | NEUTRAL | The RSI value for UPWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests UPWK has a negative trend. |
| Stochastics (14,3) | 52.96 | NEUTRAL | The Stochastics value for UPWK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for UPWK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for UPWK suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.15 | 19.54 | 1.61 (7.61%) | 13.14% |
| An entry @21.15. This is a Buy Stop order right above the 10 day high. | An exit @19.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.61 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.14% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.05
-0.37 (-1.81%)
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.
What is the current trend direction of UPWORK INC (UPWK) stock?
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 49.4145. 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 -0.144664, indicating a bearish trend.
Can you provide the support and resistance levels for UPWORK INC?
UPWORK INC (UPWK) has a support level at 19.84. Check the full technical report for our detailed analysis of UPWK support and resistance levels.