Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Upwork Inc. (NASDAQ:UPWK)
Strong Downtrend (-100) - UPWK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, UPWK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UPWK?
MarketClub looks at technical strength and momentum to determine if the timing is right for UPWK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UPWK
The long-term trend has been DOWN since Nov 22nd, 2021 at 39.45
The intermediate-term trend has been DOWN since Feb 17th, 2023 at 11.78
The short-term trend has been DOWN since May 25th, 2023 at 8.03
Smart Scan Analysis for UPWK
Based on our trend formula, UPWK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||23.49||Year High Date||2018-10-03|
|Year Low||15.675||Year Low Date||2018-11-20|
|52wk High||25.05||52wk High Date||2022-07-08|
|52wk Low||6.56||52wk Low Date||2023-05-04|
|Average Volume||3,397,844||Shares Outstanding||133,464|