Upstart Holdings Inc stock price down 0.0996% on Monday

The Upstart Holdings Inc stock price fell by -0.0996% on the last day (Monday, 11th Oct 2021) from $311.23 to $310.92. During the day the stock fluctuated 4.50% from a day low at $305.26 to a day high of $319.00. The price has fallen in 6 of the last 10 days and is down by -6.35% for this period. Volume has increased on the last day by 650 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, 3 million shares were bought and sold for approximately $897.06 million.

On Sep 20, 2021 "Barclays" gave "$230.00 - $345.00" rating for UPST. The price target was set to $303.32+3.4%.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $307.13 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 197.81% during the next 3 months and, with a 90% probability hold a price between $914.66 and $1 144.15 at the end of this 3-month period.

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, September 23, 2021, and so far it has fallen -7.56%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Upstart Holdings Inc 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 $303.15 and $278.88. A breakdown below any of these levels will issue sell signals.

Upstart Holdings Inc finds support from accumulated volume at $303.32 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 $13.74 between high and low, or 4.50%. For the last week, the stock has had a daily average volatility of 5.87%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Upstart Holdings Inc stock to perform well in the short-term.