Why is UPWK Down Today?
About Upwork Inc. Common Stock
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business...
Overall Confidence: 60%
Based on news, social sentiment, options activity, and sector analysis
✅ Move Confirmation
UNCONFIRMED - Low volume suggests this move may not be sustainable.
📍 Sector Context
SERVICES-COMPUTER PROCESSING & DATA PREPARATION sector: -0.6%
Market Comparison
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Historical Context
UPWK has moved more than 3.0% down on 43 occasions in the past year.
Frequently Asked Questions
Why is UPWK stock down today?
This stock is significantly underperforming its SERVICES-COMPUTER PROCESSING & DATA PREPARATION sector peers, suggesting a stock-specific catalyst.
Is UPWK stock a buy or sell right now?
Based on current analysis, UPWK shows 60% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →
What is the UPWK stock price target?
UPWK is currently trading at $8.04. Based on today's momentum, the expected short-term range is $7.79 - $8.20. See long-term price prediction →
Will UPWK stock continue falling?
Our analysis shows a 45% probability that UPWK's move continues in the next 1-3 days. Key level to watch: $7.63 (support).
Is UPWK stock oversold or overbought?
UPWK's RSI (Relative Strength Index) is currently at 40.2. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.
What is the momentum for UPWK stock?
UPWK's 10-day momentum indicator is at -0.3. Negative momentum - the stock has mild downward pressure which may continue short-term.
Is UPWK outperforming or underperforming the market?
UPWK (-3.66%) is currently significantly underperforming the market (-4.4% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.
What does MACD indicate for UPWK?
UPWK's MACD (-0.17) is currently below the signal line (-0.16), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 18.8) is weak.
Is UPWK in an uptrend or downtrend?
Based on moving average analysis, UPWK is in a bearish trend. The price ($8.04) is trading below both the 20-day SMA ($8.35) and 50-day SMA ($8.75). This alignment typically indicates sustained downward pressure.
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