Trading Signals: UPWK Stock Price Prediction and Forecast

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

Wed. Apr. 3, 2019

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

(Upwork Inc.)
UPWK latest price $19.9500 (4.34%) ($18.9500 - $20.2500) on Wed. Apr. 3, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.84% (three month average)
RSI   43
Latest Price   $19.9500(4.34%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UPWK advances 0.3% a day on average for past five trading days.
Weekly Trend   UPWK declines -2.8% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support UPWK advance at 0% a week (0% probability)
ARKK(51%)    IBUY(51%)    SKYY(50%)    IPO(48%)    ONLN(46%)
Factors Impacting UPWK price   UPWK will decline at least -1.42% in a week (0% probabilities).
VXX(-11%)    UUP(-10%)    TBT(-7%)    VIXM(-5%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.42% (StdDev 2.84%)
Hourly BBV 0 ()
Intraday Trend 3.6%

1 - 5 Day Possible Target   $11.01(-44.81%)
Resistance Level   $20.19
5 Day Moving Average   $19.28(3.48%)
10 Day Moving Average   $19.6(1.79%)
20 Day Moving Average   $20.19(-1.19%)
To recent high   -16.6%
To recent low   11.6%
Market Cap   $2.379b

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 4.46% (three month std-dev: 2.84%) daily (68% of days).

Sample size 3 Average positive next day return: 0.93%(67%) Average negative next day return: -1.4%(33%) Sample size 3 Average positive next three day return: 0%(0%) Average negative next three day return: -4.05%(100%) Sample size 3 Average positive next weekly return: 1.3%(33%) Average negative next weekly return: -10.12%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190503

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	Apr_3_2019	19.6	20.19	19.6	19.28	19.02	19.19	19.95(4.34%)	DP	OpenShort	-65	0.7	-6	20	11	-55	1.22	62%	0.1	-93.3	2.84%	0	-0.3	43	1
2	Apr_2_2019	19.58	20.3	19.65	19.22	19.04	18.67	19.12(2.8%)	DP	OpenShort	-75	-0.1	-28	-160	-13	-71	1.43	59%	0.1	-88.2	2.83%	0	-1.1	27	1.2
3	Apr_1_2019	19.56	20.49	19.78	19.41	19.29	18.86	18.6(-2.82%)	DT	HoldShort	-65	-0.7	-35	-170	-22	-72	6.97	59%	0	-78	2.82%	0	-1.7	13	1.2
4	Mar_29_2019	19.56	20.7	19.96	19.66	19.64	19.4	19.14(-2.35%)	DT	HoldShort	-65	-0.5	-26	-90	-13	-66	1.19	62%	0.1	-74.2	2.8%	0	-1.4	14	1
5	Mar_28_2019	19.54	20.87	20.08	19.81	19.81	19.73	19.6(-0.31%)	DT	HoldShort	-65	-0.2	-24	-30	-9	-68	0.11	62%	-0.05	-66.9	2.8%	0	-1.1	18	0.7

6	Mar_27_2019	19.55	21.07	20.16	19.96	19.92	19.88	19.66(-1.95%)	DT	HoldShort	-65	-0.2	-24	-20	-8	-71	0.31	62%	0	-54	2.8%	0	-1.1	17	0.2
7	Mar_26_2019	19.55	21.27	20.27	20.14	20.08	19.9	20.05(0.96%)	DP	OpenShort	-75	-0.1	-23	-70	-5	-76	0.16	62%	0.05	-46.6	2.8%	0	-1	15	0.4
8	Mar_25_2019	19.54	21.41	20.38	20.21	20.2	19.97	19.86(-0.2%)	DT	HoldShort	-65	-0.3	-30	-80	-10	-90	0.45	62%	-0.05	-47	2.82%	0	-1.3	9	-0.9
9	Mar_22_2019	19.55	21.55	20.55	20.3	20.34	20.26	19.9(-2.16%)	DT	HoldShort	-65	-0.3	-28	-20	-6	-92	0.34	55%	0	-45.3	2.98%	0	-1.4	9	-1
10	Mar_21_2019	19.55	21.69	20.7	20.38	20.39	20.42	20.34(-1.12%)	DT	HoldShort	-65	-0	-24	10	-0	-94	0.33	51%	0.05	-48.3	2.99%	0	-1.2	22	1.4

11	Mar_20_2019	19.54	21.78	20.83	20.39	20.37	20.43	20.57(0.88%)	DP	OpenShort	-75	0.2	-28	20	-1	-108	0.17	51%	0.1	-51.1	3.07%	0	-1.1	17	1.3
12	Mar_19_2019	19.52	21.88	21	20.43	20.43	20.36	20.39(0.44%)	DP	OpenShort	-75	-0	-35	-20	-6	-121	0.32	51%	0.15	-51.4	3.09%	0	-1.4	14	1.7
13	Mar_18_2019	19.49	22.01	21.24	20.59	20.56	20.32	20.3(-0.05%)	DT	OpenShort	-75	-0.3	-40	-90	-14	-116	0.46	54%	0.05	-45.9	3.12%	0	-1.6	31	1.8
14	Mar_15_2019	19.48	22.11	21.5	20.84	20.91	20.51	20.31(-0.44%)	DT	OpenShort	-75	-0.5	-35	-120	-14	-98	0.76	58%	0.05	-36.4	3.25%	0	-1.9	35	2.2
15	Mar_14_2019	19.47	22.26	21.72	21.07	21.22	20.8	20.4(-1.73%)	DT	OpenShort	-75	-0.7	-36	-120	-17	-92	0.28	58%	0.21	-22.8	3.27%	0	-2.1	34	2

16	Mar_13_2019	19.43	22.36	22.05	21.31	21.43	21.31	20.76(-1.94%)	DT	OpenShort	-75	-0.7	-30	-20	-17	-70	0.37	58%	0.1	-17.5	3.28%	0	-2.1	44	1.8
17	Mar_12_2019	19.41	22.45	22.36	21.64	21.72	21.64	21.17(-1.76%)	DT	OpenShort	-75	-0.7	-19	-10	-11	-44	0.27	58%	0.1	4.2	3.28%	0	-1.9	43	1.8
18	Mar_11_2019	19.39	22.5	22.53	22	21.96	21.56	21.55(0.33%)	DP	OpenShort	-75	-0.7	-18	-130	-14	-31	0.17	58%	0.1	42.1	3.28%	0	-1.5	42	1.1
19	Mar_8_2019	19.37	22.47	22.64	22.27	22.3	21.79	21.48(-0.6%)	DT	OpenShort	-75	-1.1	-17	-160	-17	-17	0.25	58%	0.16	59.6	3.32%	0	-1.3	49	-0.9
20	Mar_7_2019	19.34	22.46	22.77	22.46	22.65	22.37	21.61(-3.53%)	DT	OpenShort	-75	-1.1	-18	-60	-20	-13	0.24	54%	0.05	77.2	3.35%	0	-1.1	42	-0.8

21	Mar_6_2019	19.33	22.5	22.84	22.88	22.94	22.82	22.4(-2.35%)	CR	SmallShort	-20	-0.6	-7	-30	-12	7	0.28	56%	0.16	118.8	3.39%	0	-0.1	53	0.2
22	Mar_5_2019	19.3	22.42	22.85	23.18	23.25	22.94	22.94(0.09%)	UD	OpenLong	65	-0.3	5	-80	-2	25	0.29	56%	0.16	127.2	3.38%	0	0.6	54	0.9
23	Mar_4_2019	19.27	22.24	22.84	23.14	23.36	23.07	22.92(2.09%)	UD	OpenLong	65	-0.2	4	-60	-4	29	0.68	56%	0.21	97.6	3.41%	0	0.6	57	1.2
24	Mar_1_2019	19.23	22.04	22.76	23.06	23.27	23.56	22.45(-5.23%)	UD	OpenLong	65	-0.5	9	110	-1	39	0.99	56%	0.21	77.8	3.4%	0	0.3	63	1.8
25	Feb_28_2019	19.19	21.89	22.84	23.11	23.14	23.65	23.69(-0.92%)	UD	OpenLong	75	0.4	34	160	22	68	0.45	63%		75.4	3.32%	0	1.2	65	0.8
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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