Navigating UPST: Analyzing Current Trends and Future Projections.

 


UPST (Upstart Holdings) Daily Price Analysis:

The daily price trend of Upstart Holdings has been showing a reversal pattern since four days ago, starting from the bearish zone. A reversal pattern from the bearish zone indicates a temporary weakening of selling pressure and a temporary strengthening of buying pressure. The trend observed four days prior to the start of the reversal pattern displayed a weakening selling pressure, with buying pressure yet to strengthen, resulting in a mild downtrend in the bearish zone. This marked the entry point into the reversal pattern. Subsequently, the buying pressure gradually increased, indicating the current upward momentum.

It is important to note that in a reversal pattern, the upward movement is limited, and even if there is an increase, it is likely to be temporary. This pattern is characteristic of the bearish zone, where there is a strong potential for selling sentiment. The current reversal pattern, with diminishing buying pressure since Thursday and Friday, suggests a potential return to the downtrend. However, it is crucial to acknowledge the possibility of this outlook changing.

UPST's daily trend demonstrates a correlation of approximately 75% with the movements in the U.S. stock market, indicating a high level of sensitivity to the overall market direction. The recent short-term uptrend in the U.S. stock market might experience a brief pause in the coming days before entering a bullish zone and initiating an upward trend. Consequently, UPST's daily trend might experience limited upward movement and temporary excessive declines in the short term. However, as investor sentiment stabilizes, there is a high likelihood of entering the bullish zone, especially in the following week.

The overall trend direction is likely to shift towards an upward trajectory in the coming week. Please note that these predictions are subject to change based on market dynamics and investor sentiment.


Nov 01, 2023

Closed price

24.59

2.33%

 

 

Appropriate Investment Position: Bearish-Sell [Long-term strategy]

Today's stock price Buy-Sell intensity analysis

The current trend appears to be 'Rebound trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and an appropriate LOW-price compared to the current trend. Finally, the CLOSE-price closed with a weaker upward rate than the current trend.

The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell.

Assuming that the average buy intensity is 100%,

Today's buy intensity is

42%

 

 

Tomorrow's stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like UPST stock is poised for a Rebound trend tomorrow

The %intensity of Risk & Return tomorrow :

45%

HIGH ~ LOW % range tomorrow :

4.2%

-0.1%

Predicted Average loss over the next 3 days:

-0.7%

The price of UPST stock moves in line with the rise and fall of the stock market index with a probability of

75%

 

, and conversely, it moves against the stock market index trend with a probability of

25%

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

UPST stock price 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. However, in terms of the expected strength of the upward and downward movements, the upward strength is moderate, while the downward strength is higher. Currently, it's in the midst of a rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward fluctuations. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Nov 02

 

 

A good price to sell a stock:

$ 25.37

And the appropriate buying timing is predicted to be in 5 days.

 

The buying date is

Nov 07

to

Nov 08

A good price to buy a stock:

$ 21.12

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 3 days from now, 8 days from now

50%

Prediction of Upper~Lower price range over the next 10 days

Price:

21.53

~

25.09

% Change:

-12.4%

~

2.0%

Median price between the upper and lower prices

23.31

-5.2%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-22%

The Current trend zone & level%

Bearish

-36%

The expected average trend zone & level% for the next 10 days

Bearish

-33%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

33%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-67%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Rebound trend

45%

4.2%

-0.1%

In 2 days: Entering a downtrend

-61%

0.6%

-1.8%

In 3 days: Entering a downtrend

-100%

-0.2%

-8.3%

In 4 days: Downtrend

-97%

-0.1%

-7.2%

In 5 days: Entering a rebound trend

-76%

0.0%

-4.4%

In 6 days: Entering a rebound trend

47%

3.9%

-0.8%

In 7 days: Entering a rebound trend

31%

2.7%

-0.2%

In 8 days: Entering a rebound trend

0%

0.7%

-0.7%

In 9 days: Rebound trend

7%

2.9%

-1.5%

In 10 days: Entering a downtrend

34%

2.1%

-0.1%

Average closing price in case of rising:

 

2.9%

=> HIGH ~ LOW range:

5.4%

~

-2.7%

Average closing price in case of falling:

 

-4.6%

=> HIGH ~ LOW range:

1.5%

~

-6.3%

The 10-day prediction and technical analysis of UPST stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

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