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UPWK a top gainer, rising +105.26%. Expect Uptrend reversal

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NASDAQ:UPWK   Upwork Inc.
Upwork (UPWK, $14.82) was one of top quarterly gainers, jumping +105.26% to $14.82 per share. Tickeron A.I.dvisor analyzed 156 stocks in the Packaged Software Industry over the last three months, and discovered that 139 of them (89.06%) charted an Uptrend while 17 of them (10.94%) trended down. Tickeron A.I.dvisor found 25 similar cases when UPWK's price went up 15% within three months. In 25 out of those 25 cases, UPWK's price went down during the following month. Based on these historical data,Tickeron A.I. thinks the odds of an Uptrend reversal for UPWK are 90%.

The Aroon Indicator entered a Downtrend today. Tickeron AI shows that in 54 of 67 cases where UPWK Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 81%.

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