Trading Signals: UPWK Stock Price Prediction and Forecast

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

Tue. Jul. 18, 2023

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

(Upwork Inc.)
UPWK latest price $10.6600 (-2.34%) ($10.6600 - $10.6600) on Tue. Jul. 18, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.71% (three month average)
RSI   69
Latest Price   $10.6600(-2.34%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UPWK advances 0.9% a day on average for past five trading days.
Weekly Trend   UPWK advances 8.8% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support UPWK advance at 0% a week (0% probability)
IBUY(38%)    SKYY(37%)    KWEB(34%)    ONLN(34%)    XLY(33%)
Factors Impacting UPWK price   UPWK will decline at least -1.855% in a week (0% probabilities).
VIXM(-20%)    UUP(-20%)    VXX(-19%)    TBT(-8%)    EDOC(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.855% (StdDev 3.71%)
Hourly BBV -1.2 ()
Intraday Trend 0%

5 Day Moving Average   $10.69(-0.28%)
10 Day Moving Average   $9.99(6.71%)
20 Day Moving Average   $9.55(11.62%)
To recent high   -2.3%
To recent low   40.7%
Market Cap   $1.271b

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 7.75% (three month std-dev: 3.71%) daily (68% of days).

Sample size 23 Average positive next day return: 2.23%(57%) Average negative next day return: -1.51%(43%) Sample size 23 Average positive next three day return: 3.34%(65%) Average negative next three day return: -6.36%(35%) Sample size 23 Average positive next weekly return: 7.31%(61%) Average negative next weekly return: -3.7%(39%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_18_2023	9.64	9.55	9.99	10.69	10.77	10.79	10.66(-2.34%)	UD	OpenLong	75	-0	40	40	5	145	0.9	58%	-0.1	61.7	3.71%	-1.2	1.5	69	1.9
2	Jul_17_2023	9.65	9.48	9.83	10.6	10.68	10.83	10.92(1.58%)	UT	OpenLong	75	0.5	56	120	23	154	0.64	58%	0	66.4	3.7%	1.4	2	74	1.4
3	Jul_14_2023	9.65	9.4	9.67	10.22	10.5	10.76	10.75(-0.28%)	UD	OpenLong	75	0.9	51	260	25	127	0.91	58%	-0.1	61.7	3.69%	0.7	2.2	70	1.2
4	Jul_13_2023	9.66	9.32	9.49	9.89	10.07	10.52	10.78(4.01%)	UT	OpenLong	75	1.6	47	370	31	96	1.58	59%	-0.1	55.8	3.69%	1.6	2.7	67	1
5	Jul_12_2023	9.67	9.21	9.32	9.47	9.65	10.23	10.36(1.72%)	UT	OpenLong	75	2.1	36	480	29	56	2.05	58%	-0.1	45	3.7%	1.2	2.7	64	1.1

6	Jul_11_2023	9.68	9.12	9.18	9.18	9.25	9.63	10.19(12.48%)	UT	OpenLong	75	3.2	22	310	22	23	1.67	58%	0.1	29.9	3.72%	2	3.3	62	-0.3
7	Jul_10_2023	9.67	9.12	9.03	8.97	8.93	9.08	9.06(-0.44%)	DT	OpenShort	-75	0.4	-5	100	-1	-18	0.83	52%	-0.31	17.3	3.36%	0.5	0.1	44	-0.5
8	Jul_7_2023	9.7	9.12	9.03	9.03	8.95	8.87	9.1(5.27%)	DP	OpenShort	-65	0.3	-4	-90	2	-20	0.96	52%	-0.31	35.8	3.36%	1.4	0.3	42	-0.3
9	Jul_6_2023	9.73	9.12	9.02	9.01	9.01	8.79	8.64(-3.36%)	DT	OpenShort	-75	-1.3	-18	-170	-13	-32	1.01	50%	-0.51	53.9	3.32%	-1.1	-1.3	37	-0.6
10	Jul_5_2023	9.78	9.03	9.07	9.14	9.11	9.03	8.94(-2.03%)	DT	OpenShort	-75	-0.7	-5	-70	-4	-8	0.77	48%	-0.81	81.9	3.3%	-1	-0.3	58	0.9

11	Jul_3_2023	9.86	9.02	9.09	9.15	9.19	9.24	9.13(-2.35%)	UD	OpenLong	75	-0.1	6	50	5	10	0.81	48%	-0.3	94.9	3.38%	0	0.4	64	1.2
12	Jun_30_2023	9.89	8.99	9.09	9.09	9.16	9.18	9.35(3.66%)	UT	OpenLong	75	0.9	10	40	7	17	1.14	50%	-0.4	96.1	3.42%	1.1	1.2	65	1
13	Jun_29_2023	9.93	8.94	9.12	9.01	9.02	9.18	9.02(-2.65%)	UD	OpenLong	65	0	3	100	-1	13	0.79	48%	-0.5	84.4	3.39%	-1.3	0.3	50	1
14	Jun_28_2023	9.98	8.88	9.16	9.03	9.01	9.14	9.26(2.72%)	UT	OpenLong	75	0.7	11	90	6	24	1.01	46%	-0.4	68.3	3.37%	1.4	1.1	53	1.2
15	Jun_27_2023	10.02	8.81	9.1	9	8.97	8.91	9.02(2.44%)	UD	OpenLong	65	0	4	-60	-2	21	0.91	46%	-0.5	52.3	3.42%	1.2	0.5	61	1.1

16	Jun_26_2023	10.07	8.74	9.05	9.03	8.98	8.88	8.8(-1.68%)	N/A	N/A	0	-0.5	-4	-90	-11	17	0.91	46%	-0.49	47.1	3.4%	-0.8	0.1	53	1
17	Jun_23_2023	10.12	8.71	9.04	9.15	9.07	9.04	8.95(-1.97%)	UD	OpenLong	65	-0.4	2	-50	-8	32	0.97	48%	-0.59	46.3	3.45%	-1	0.5	59	1.1
18	Jun_22_2023	10.18	8.68	9.04	9.26	9.18	9.09	9.13(0.16%)	UD	OpenLong	65	-0.2	14	-90	-3	64	0.94	48%	-0.39	49.6	3.45%	0.4	0.8	65	1.4
19	Jun_21_2023	10.22	8.65	9.05	9.3	9.22	9.11	9.12(-0.65%)	UD	OpenLong	75	-0.3	27	-110	3	99	1.33	50%	-0.39	54.9	3.46%	-0.2	0.8	70	1.3
20	Jun_20_2023	10.26	8.59	8.99	9.21	9.3	9.27	9.18(-1.98%)	UD	OpenLong	75	-0.1	33	10	9	103	1.1	50%	-0.68	52	3.51%	-0.3	1.1	68	1.2

21	Jun_16_2023	10.33	8.54	8.95	9.07	9.16	9.32	9.36(-1.47%)	UD	OpenLong	75	0.5	37	150	12	113	1.01	50%	-0.29	50.5	3.5%	1	1.5	73	1.6
22	Jun_15_2023	10.36	8.49	8.86	8.91	8.94	9.33	9.5(1.44%)	UT	OpenLong	75	1.2	35	320	11	106	1.43	50%	-0.48	47.8	3.5%	0	2	65	1.2
23	Jun_13_2023	10.41	8.41	8.73	8.83	8.77	9	9.37(8.39%)	UT	OpenLong	75	1.2	32	160	10	97	1.49	50%	-0.29	51.4	3.47%	2.1	2.2	60	1.3
24	Jun_12_2023	10.44	8.34	8.57	8.78	8.7	8.56	8.64(1.89%)	UT	OpenLong	75	-0.4	22	-140	2	81	0.86	46%	-0.38	54.5	3.3%	0.1	0.8	53	1.4
25	Jun_9_2023	10.48	8.31	8.49	8.74	8.81	8.53	8.48(-1.22%)	UD	OpenLong	65	-0.7	12	-200	-8	70	1.45	44%		52.2	3.33%	-1.6	0.4	57	1.7
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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