UPWORK INC (UPWK)
US91688F1049 - Common Stock
We assign a technical rating of 9 out of 10 to UPWK. 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.
The long and short term trends are both positive. This is looking good!
UPWK is part of the Professional Services industry. There are 81 other stocks in this industry. UPWK outperforms 91% of them.
UPWK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UPWK is lagging the market slightly.
In the last month UPWK has a been trading in the 15.87 - 18.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
UPWK has an average volume of 2513920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, UPWK did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, UPWK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.68, a Stop Loss order could be placed below this zone.
More info and screens
9.70
17.66
3 important support areas can be observed.
- A support zone ranging from 16.24 to 16.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.46 from a trend line in the daily time frame.
- Support @9.80 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.78 to 16.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.49 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.75
Mansfield2.08
10 Day High18.14
10 Day Low15.87
20 Day High18.14
20 Day Low15.87
52 Week High18.14
52 Week Low8.43
Performance
1 Week-1.76%
2 Weeks-2.9%
1 Month0.24%
3 Month58.67%
6 Month55.72%
12 Month12.58%
2 Year60.34%
3 Year-51%
5 Year56.89%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)56.79
LBB16.17
UBB17.55
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 |
|---|---|---|---|
| 16.98 | 16.23 | 0.75 (4.42%) | 22.64% |
| An entry @16.98. This is a Buy Stop order right above the resistance zone. | An exit @16.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.64% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of UPWK. Please evaluate whether better entry and exit points can be found.
- 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.
UPWORK INC
NASDAQ:UPWK (12/24/2024, 7:43:18 PM)
After market: 16.75 +0.01 (+0.06%)16.74
+0.18 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.09%
1 Week-1.76%
2 Weeks-2.9%
1 Month0.24%
3 Month58.67%
6 Month55.72%
12 Month12.58%
2 Year60.34%
3 Year-51%
5 Year56.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%3.3%
ATR Inc-33.58%
Range Today0.36
ADR(20)0.55
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.75
Mansfield2.08
10 Day High18.14
10 Day Low15.87
20 Day High18.14
20 Day Low15.87
52 Week High18.14
52 Week Low8.43
CS1 End16.68
CR1 Start16.78
Volume & EV
DER(3)-0.05%
DER(5)0.02%
Volume540.70K
Volume Incr23.65%
Vol(5)2.37M
Vol(50)2.51M