UPWORK INC (UPWK) Technical Analysis
NASDAQ:UPWK • US91688F1049
Current stock price
UPWK Technical Rating and Analysis
Taking everything into account, UPWK scores 0 out of 10 in our technical rating. UPWK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, UPWK is a bad performer in the overall market: 88% of all stocks are doing better.
- UPWK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so UPWK is lagging the market.
- In the last month UPWK has a been trading in the 11.85 - 14.19 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- UPWK has an average volume of 3721210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UPWK is an average performer in the Professional Services industry, it outperforms 51% of 87 stocks in the same industry.
UPWK Weekly and Daily overview Charts
UPWK Setup Rating and Analysis
UPWK has a poor technical rating and the quality of the setup is also 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.
More info and screens
UPWK Support and Resistance Analysis
11.62
We found 1 important support area.
- A support zone ranging from 11.74 to 11.74. 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 13.43 to 13.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.95 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
UPWK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for UPWK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UPWK is down. |
| ChartMill Relative Strength | 12.33 | NEGATIVE | UPWK has a low relative strength, it was outperformed by 87.67% 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) | DOWN | NEGATIVE | The current price of UPWK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UPWK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.33 | NEUTRAL | The RSI value for UPWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests UPWK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.55 | OVERSOLD | The low Stochastics value suggests UPWK may be oversold. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for UPWK suggests high volalility. |
| Average Directional Index/ADX (14) | 33.08 | POSITIVE | The high ADX value value for UPWK suggests a strong trend. |
UPWK Chart- and CandleStick Pattern Analysis
UPWK Technicals: Chart, Performance Metrics, Trend & Indicators
11.95
-0.26 (-2.13%)
UPWORK INC / UPWK TA FAQ
What is the ChartMill technical rating of UPWORK INC (UPWK) stock?
ChartMill assigns a technical rating of 0 / 10 to UPWK.
What is the current trend direction of UPWORK INC (UPWK) stock?
The current trend direction for UPWORK INC (UPWK) is Bearish.
What is the RSI signal for UPWORK INC (UPWK) stock?
UPWORK INC (UPWK) has an RSI value of 32.3274. 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 0.104194, indicating a bearish trend.
Can you provide the support and resistance levels for UPWORK INC?
UPWORK INC (UPWK) has a support level at 11.74 and a resistance level at 13.43. Check the full technical report for our detailed analysis of UPWK support and resistance levels.