Overall UPWK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UPWK is showing a nice and steady performance.
UPWK has an excellent technical rating, but the quality of the setup is only medium 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
6 important support areas can be observed.
- A support zone ranging from 19.58 to 19.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.57 to 17.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.06 from a trend line in the daily time frame.
- Support @15.91 from a horizontal line in the daily time frame.
- Support @12.65 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 can see 2 important resistance areas.
- A resistance zone ranging from 20.07 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.53 from a horizontal line in the daily time frame.
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 | 83.53 | POSITIVE | UPWK has a high relative strength, it outperformed 83.53% 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) | 60.35 | NEUTRAL | The RSI value for UPWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests UPWK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.43 | NEUTRAL | The Stochastics value for UPWK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for UPWK suggests high volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for UPWK suggests a strong trend. |
19.88
-0.2 (-1%)
UPWORK INC / UPWK FAQ
What is the ChartMill technical rating of UPWORK INC (UPWK) stock?
ChartMill assigns a technical rating of 9 / 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 60.3485. 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 0.142345, indicating a bearish trend.
Can you provide the support and resistance levels for UPWORK INC?
UPWORK INC (UPWK) has a support level at 19.87 and a resistance level at 20.07. Check the full technical report for our detailed analysis of UPWK support and resistance levels.