RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UPST
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Upstart stock price ended at $26.89 on Thursday, after losing 4.54%.
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Loss -4.54% PDF

The Upstart stock price fell by -4.54% on the last day (Thursday, 28th Mar 2024) from $28.17 to $26.89. During the last trading day the stock fluctuated 8.42% from a day low at $26.47 to a day high of $28.70. The price has risen in 7 of the last 10 days and is up by 15.66% over the past 2 weeks. Volume has increased on the last day by 604 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 million shares were bought and sold for approximately $164.09 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -30.43% during the next 3 months and, with a 90% probability hold a price between $14.73 and $20.07 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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UPST Signals & Forecast

The Upstart stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.66 and $26.64. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 15.66%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Upstart stock

Upstart finds support from accumulated volume at $26.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.23 between high and low, or 8.42%. For the last week, the stock has had daily average volatility of 5.72%.

Our recommended stop-loss: $26.07 (-3.04%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (UPST) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Upstart Holdings Inc to open at $27.35, and during the day (based on 14 day Average True Range), to move between $25.17 and $28.61, which gives a possible trading interval of +/-$1.72 (+/-6.41%) up or down from last closing price. If Upstart Holdings Inc takes out the full calculated possible swing range there will be an estimated 12.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $26.46 (1.60%) than the resistance at $31.76 (18.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Upstart Holdings Inc stock A Buy?

Upstart holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.900 Hold/Accumulate Unchanged

Predicted Opening Price for Upstart Holdings Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.35 ( 1.72%) $26.89

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UPST

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.58 10.01 %
R2 28.73 6.84 %
R1 28.20 4.89 %
Current price: 26.89
Support S1 26.50 -1.44 %
S2 25.98 -3.40 %
S3 25.12 -6.57 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 33.23 23.58 %
R2 32.92 22.42 %
R1 31.76 18.11 %
Current price 26.89
Support S1 26.46 -1.60%
S2 26.34 -2.05%
S3 26.19 -2.60%

FAQ

What is the symbol for Upstart Stock and on which exchange is it traded?
The symbol for Upstart is UPST and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Upstart Stock?
Upstart holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Upstart Stock?
Upstart Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Upstart Stock.

What's the current price of Upstart Stock?
As of the end of day on the 2024-03-28, the price of an Upstart (UPST) share was $26.89.

What is the 52-week high and low for Upstart Stock?
The 52-week high for Upstart Stock is $72.57 and the 52-week low is $11.93.

What is the market capitalization of Upstart Stock?
As of the 2024-03-28, the market capitalization of Upstart is 2.435B.

When is the next earnings date for Upstart?
The upcoming earnings date for Upstart is May 14, 2024.
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About Upstart Holdings Inc

Upstart Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform aggregates consumer demand for loans and connects it to its network of the company's AI-enabled bank partners. The company was founded in 2012 and is headquartered in San Mateo, California.... UPST Profile

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