Trading Signals: UPWK Stock Price Prediction and Forecast

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

Tue. Jul. 6, 2021

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

(Upwork Inc.)
UPWK latest price $58.5200 (0.06%) ($58.5200 - $58.5200) on Tue. Jul. 6, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.81% (three month average)
RSI   78
Latest Price   $58.5200(0.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UPWK advances 0.5% a day on average for past five trading days.
Weekly Trend   UPWK advances 9.3% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support UPWK advance at 0% a week (0% probability)
SKYY(59%)    ARKK(55%)    VUG(55%)    XLC(54%)    XLY(54%)
Factors Impacting UPWK price   UPWK will decline at least -1.905% in a week (0% probabilities).
VIXM(-38%)    UUP(-22%)    VXX(-11%)    TBT(-8%)    IGOV(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.905% (StdDev 3.81%)
Hourly BBV 1 ()
Intraday Trend 0%

5 Day Moving Average   $58.41(0.19%)
10 Day Moving Average   $57.26(2.2%)
20 Day Moving Average   $53.44(9.51%)
To recent high   -1.4%
To recent low   53.7%
Market Cap   $6.98b

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 7.8% (three month std-dev: 3.81%) daily (68% of days).

Sample size 50 Average positive next day return: 2.94%(44%) Average negative next day return: -2.46%(56%) Sample size 50 Average positive next three day return: 4.22%(46%) Average negative next three day return: -3.69%(54%) Sample size 50 Average positive next weekly return: 5.26%(46%) Average negative next weekly return: -4.45%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210806

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	Jul_6_2021	47.71	53.44	57.26	58.41	58.09	58.51	58.52(0.06%)	UT	HoldLong	65	0	47	30	12	151	1.04	59%	0.04	69.1	3.81%	1	1.2	78	0.9
2	Jul_2_2021	47.69	52.97	56.38	58.15	58.3	57.63	58.49(2.43%)	UT	OpenLong	75	0.1	42	-70	7	145	0.69	59%	0.04	70.3	3.85%	0.4	1.3	69	1.5
3	Jul_1_2021	47.67	52.37	55.35	57.64	57.98	57.67	57.1(-2.54%)	UD	OpenLong	65	-0.1	20	-20	-15	124	1.23	59%	0.08	65.8	3.87%	-1.3	1.1	67	1.7
4	Jun_30_2021	47.63	51.79	54.54	57.67	57.77	58.97	58.59(-1.29%)	UD	OpenLong	75	0.2	48	150	18	138	0.85	61%	0.06	68.7	3.9%	-0.2	1.7	72	1.5
5	Jun_29_2021	47.6	51.27	53.53	56.95	57.44	58.28	59.36(3.75%)	UT	OpenLong	75	0.6	63	130	39	135	1.66	59%	0.15	75.6	3.9%	1	2.1	75	1.4

6	Jun_28_2021	47.53	50.71	52.39	55.95	56.34	56.58	57.21(2.27%)	UT	OpenLong	75	0.4	42	50	20	106	1.01	59%	0.11	84.2	3.95%	0.4	1.9	68	1.7
7	Jun_25_2021	47.48	50.18	51.66	54.33	55.63	56.6	55.94(-2.29%)	UD	OpenLong	75	0.5	49	190	35	89	1.66	59%	0.15	86.9	3.95%	-0.1	1.9	68	2
8	Jun_24_2021	47.41	49.74	51.08	52.67	53.93	56.11	57.25(4.14%)	UT	HoldLong	65	1.6	61	350	54	81	2.22	57%	0.21	88.8	3.94%	1.1	2.7	78	1.7
9	Jun_23_2021	47.31	49.12	50.27	50.94	51.52	54.66	54.98(1.15%)	UT	HoldLong	65	1.7	64	460	62	68	1.55	55%	0.17	94.4	3.97%	1	2.5	77	1.7
10	Jun_22_2021	47.23	48.56	49.67	49.62	49.93	51.75	54.35(10.6%)	UT	OpenLong	75	2.1	62	270	66	49	4.14	55%	0.21	93	3.98%	1.7	2.6	62	1.4

11	Jun_21_2021	47.13	48	49.2	48.39	48.44	48.38	49.14(3.19%)	UT	OpenLong	75	0.4	4	-10	3	8	1.38	52%	0.15	92.4	3.77%	1.5	0.6	52	0.6
12	Jun_18_2021	47.06	47.62	49.22	48.63	48.21	48.11	47.62(-2%)	CR	SmallShort	-20	-0.4	-10	-40	-17	12	1.12	49%	0.11	80	3.75%	-2.1	0	54	-0.2
13	Jun_17_2021	47.01	47.34	49.16	49.22	48.89	48.49	48.59(0.41%)	UD	OpenLong	65	-0.2	3	-80	-4	25	0.9	49%	0.13	83.8	3.87%	-0.1	0.4	56	1
14	Jun_16_2021	46.95	46.97	48.88	49.47	49.37	48.31	48.39(0.35%)	N/A	N/A	0	-0.3	-8	-160	-18	24	0.92	49%	0.06	81.5	3.87%	-1.3	0.4	62	0.9
15	Jun_15_2021	46.92	46.59	48.92	49.69	49.74	49.28	48.22(-4.21%)	N/A	N/A	0	-0.4	-6	-60	-22	43	1.15	49%	0.11	76.9	3.87%	-2.1	0.5	65	1

16	Jun_14_2021	46.87	46.2	48.99	50.1	50.06	50.44	50.34(-0.41%)	UD	OpenLong	75	0.1	24	50	5	79	0.77	50%	0.19	78.7	3.84%	-0.2	1.1	73	1.4
17	Jun_11_2021	46.78	45.69	48.66	49.9	50.04	50.19	50.55(1.41%)	UT	HoldLong	65	0.2	39	30	18	103	0.77	53%	0.21	73.8	3.84%	0.6	1.3	78	1.4
18	Jun_10_2021	46.68	45.08	48.34	49.08	49.74	49.67	49.84(0.69%)	UT	OpenLong	75	0.2	36	30	13	104	0.89	53%	0.24	63.4	3.93%	-0.4	1.2	75	1.2
19	Jun_9_2021	46.57	44.52	47.9	48.19	48.89	49.88	49.5(-1.51%)	UD	OpenLong	75	0.3	33	190	9	104	0.72	56%	0.19	54.1	3.93%	0	1.3	76	1
20	Jun_8_2021	46.48	44.07	47.36	48.05	48.07	49.81	50.26(1.84%)	UT	HoldLong	65	0.6	53	250	30	122	1.48	56%	0.09	53.2	4.05%	1.2	1.6	79	1.2

21	Jun_7_2021	46.44	43.46	46.68	47.75	47.64	47.91	49.35(6.22%)	UT	HoldLong	65	0.4	51	30	25	128	1.81	56%	0.22	45.6	4.09%	1.9	1.6	78	1.4
22	Jun_4_2021	46.34	43.08	45.86	47.29	47.51	46.34	46.46(2.33%)	UD	OpenLong	65	-0.2	16	-160	-16	113	0.76	51%	0.15	40.7	4.02%	-0.8	1	75	1.5
23	Jun_3_2021	46.27	42.73	45.39	47.49	47.64	47.37	45.4(-6.91%)	UD	OpenLong	65	-0.6	20	-30	-17	131	1.22	48%	0.09	33.5	4.07%	-2.5	0.8	77	1.2
24	Jun_2_2021	46.23	42.49	44.95	47.48	47.78	48.68	48.77(0%)	UT	HoldLong	50	0.4	58	150	25	157	1.01	48%	0.13	21.9	4.13%	0.9	1.9	87	1.5
25	Jun_1_2021	46.17	42.13	44.09	46.5	46.99	47.9	48.77(3.62%)	UT	OpenLong	75	0.8	59	170	32	138	1.14	48%		5.7	4.26%	1.7	2.2	73	1.1
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

Click to see actual return for next trading day.