Trading Signals: UPWK Stock Price Prediction and Forecast

^ UPWK: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Nov. 10, 2020

Trading Signals: UPWK Stock Price Prediction and Forecast (Wed. Oct. 3, 2018 - Fri. Dec. 22, 2023)

(Upwork Inc.)
UPWK latest price $27.1400 (-3.02%) ($25.4400 - $28.4700) on Tue. Nov. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.05% (three month average)
RSI   77
Latest Price   $27.1400(-3.02%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UPWK advances 6% a day on average for past five trading days.
Weekly Trend   UPWK advances 20.1% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support UPWK advance at 0% a week (0% probability)
SKYY(58%)    ARKK(55%)    IBUY(55%)    VUG(54%)    XLY(53%)
Factors Impacting UPWK price   UPWK will decline at least -3.025% in a week (0% probabilities).
VIXM(-34%)    UUP(-24%)    VXX(-13%)    TBT(-10%)    EDOC(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.025% (StdDev 6.05%)
Hourly BBV -0.6 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $26.74(1.5%)
10 Day Moving Average   $23.1(17.49%)
20 Day Moving Average   $21.56(25.88%)
To recent high   -7.5%
To recent low   94.6%
Market Cap   $3.237b

Upwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in Santa Clara, CA.

$. UPWK price fluctuates within 16.09% (three month std-dev: 6.05%) daily (68% of days).

Sample size 5 Average positive next day return: 11.43%(60%) Average negative next day return: -3.1%(40%) Sample size 5 Average positive next three day return: 8.74%(60%) Average negative next three day return: -3.38%(40%) Sample size 5 Average positive next weekly return: 6.07%(60%) Average negative next weekly return: -6.54%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201210

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_10_2020	16.62	21.56	23.1	26.74	27.97	27.24	27.14(-3.02%)	UD	OpenLong	75	0.1	68	-40	21	208	2.45	80%	0.85	57.9	6.05%	-0.6	1.6	77	1.7
2	Nov_9_2020	16.48	21.2	22.29	25.23	26.25	28.11	27.99(-4.57%)	UD	OpenLong	75	0.9	65	620	31	166	5.18	80%	0.98	50.3	6.05%	-0.3	2.1	74	1.4
3	Nov_6_2020	16.32	20.77	21.35	23.41	24.26	28.71	29.33(0.98%)	UT	HoldLong	65	2.1	94	1390	82	128	5.52	76%	1.05	39.8	6.04%	0.8	3	78	1.7
4	Nov_5_2020	16.15	20.26	20.31	21.23	21.75	24.4	29.04(43.69%)	UT	HoldLong	65	3.8	80	930	84	66	20.44	67%	1.06	26.5	6.15%	1.4	4.2	79	1
5	Nov_4_2020	15.98	19.76	19.29	19.2	19.23	19.81	20.21(3.06%)	N/A	N/A	0	1.6	6	220	19	-35	3.22	49%	0.5	4	3.55%	1.1	0.7	48	0.8

6	Nov_3_2020	15.9	19.72	19.23	18.98	18.93	19.11	19.61(4.03%)	DP	OpenShort	-65	1	-7	60	10	-57	1.62	55%	0.44	9	3.57%	1.3	-0.2	39	-0.6
7	Nov_2_2020	15.83	19.69	19.31	18.9	18.79	18.64	18.85(2.11%)	DP	OpenShort	-75	-0.1	-18	-70	-3	-63	1.12	53%	0.44	16.3	3.82%	0.1	-1.2	33	-1.4
8	Oct_30_2020	15.76	19.7	19.49	18.92	18.91	18.74	18.46(-2.28%)	DT	OpenShort	-75	-0.7	-24	-60	-11	-61	1.71	53%	0.51	32.6	3.82%	-1.8	-1.8	37	-1.7
9	Oct_29_2020	15.68	19.7	19.66	19.18	19.06	18.93	18.89(-1.1%)	DT	OpenShort	-75	-0.4	-20	-70	-9	-51	1.19	53%	0.38	59.7	3.81%	-0.2	-1.3	38	-1.4
10	Oct_28_2020	15.62	19.73	19.8	19.39	19.28	19.08	19.1(-0.47%)	DT	OpenShort	-75	-0.4	-15	-90	-7	-40	1.97	53%	0.45	78.1	3.82%	0.1	-0.8	44	-2.6

11	Oct_27_2020	15.55	19.66	19.96	19.51	19.51	19.2	19.19(1.19%)	DP	OpenShort	-75	-0.3	-17	-110	-13	-29	0.92	56%	0.45	78.7	3.82%	-0.6	-0.5	49	-0.5
12	Oct_26_2020	15.48	19.58	20.1	19.8	19.71	19.47	18.97(-3.97%)	DT	OpenShort	-75	-0.7	-14	-100	-16	-7	1.55	56%	0.45	80.6	3.86%	-1.5	-0.5	56	-0.4
13	Oct_23_2020	15.41	19.48	20.22	20.14	20.1	19.83	19.75(-0.88%)	UD	OpenLong	65	-0.3	2	-100	-5	21	2	58%	0.46	85.5	3.83%	-0.6	0.2	63	1.1
14	Oct_22_2020	15.34	19.34	20.22	20.2	20.32	19.94	19.93(0.96%)	UD	OpenLong	65	-0.2	2	-110	-8	33	1.15	58%	0.52	77.9	3.85%	-0.5	0.4	65	1.2
15	Oct_21_2020	15.26	19.12	20.22	20.27	20.42	20.36	19.74(-4.2%)	UD	OpenLong	65	-0.3	4	0	-10	45	1.6	58%	0.53	73.9	3.85%	-1.8	0.4	65	0.9

16	Oct_20_2020	15.18	18.94	20.27	20.46	20.49	20.71	20.6(-0.31%)	UD	OpenLong	75	0.1	21	80	3	76	1.12	64%	0.53	74.5	3.84%	0.1	0.9	84	0.6
17	Oct_19_2020	15.1	18.7	20.1	20.45	20.5	20.48	20.67(2.86%)	UT	HoldLong	65	0.1	28	0	7	92	1.57	64%	0.53	74.7	3.89%	0.9	1.1	86	0.7
18	Oct_16_2020	15.02	18.44	19.93	20.32	20.42	20.27	20.09(-0.84%)	UD	OpenLong	65	-0.1	23	-40	-4	102	1.05	64%	0.6	72.6	3.88%	-1.1	0.9	87	1.4
19	Oct_15_2020	14.93	18.21	19.81	20.35	20.39	20.52	20.26(-2.15%)	UD	OpenLong	75	-0	33	50	2	126	1.33	64%	0.54	73.1	3.88%	-0.7	1.1	87	1.6
20	Oct_14_2020	14.85	17.96	19.66	20.27	20.34	20.57	20.71(0.75%)	UT	HoldLong	65	0.2	48	90	11	160	1.76	64%	0.54	73.4	3.87%	1	1.4	95	2

21	Oct_13_2020	14.77	17.69	19.34	20.04	20.16	20.26	20.55(2.72%)	UT	HoldLong	65	0.3	52	50	13	167	1.81	58%	0.41	72.6	3.92%	1.5	1.5	84	2.1
22	Oct_12_2020	14.71	17.41	19.01	19.7	19.91	20.1	20.01(-1.06%)	UD	OpenLong	75	0.2	46	100	8	158	1.54	58%	0.48	71.4	4.1%	-0.2	1.4	83	2.7
23	Oct_9_2020	14.64	17.15	18.68	19.47	19.62	20.07	20.22(1.74%)	UT	HoldLong	65	0.4	52	180	14	166	1.43	61%	0.55	73.5	4.11%	1.1	1.7	86	2.6
24	Oct_8_2020	14.56	16.89	18.32	19.19	19.32	19.71	19.88(1.66%)	UT	HoldLong	65	0.4	53	160	15	166	2.46	61%	0.62	75.5	4.23%	0.8	1.8	86	1.7
25	Oct_7_2020	14.47	16.63	17.87	18.96	18.97	19.16	19.55(3.8%)	UT	HoldLong	65	0.4	52	70	15	161	1.58	61%		76.4	4.23%	1.7	1.9	86	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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