Trend Overview
Key Levels to Watch
Support Levels:
Resistance Levels:
Bearish Signs:
Bullish Hope?
Verdict:
- UPST has been trading within a rising channel since mid-2023 but is now testing key support levels.
- The stock is currently at $53.69 (-3.23%), indicating a potential breakdown if support fails at $49.
Key Levels to Watch
Support Levels:
- $49.75 - $44.18 → Critical zone (Break below could trigger a move to $31.87)
- $31.87 → Long-term support (Last major demand zone)
Resistance Levels:
- $64.15 → First level to reclaim
- $78.35 → Strong resistance within the channel
- $96.43 → Key breakout zone
Bearish Signs:
- The price is testing lower channel support.
- If $49 fails, next downside targets are $44 and $31.
Bullish Hope?
- Closing and Holding above $54 could trigger a recovery.Reclaiming $64+ is crucial for any bullish trend reversal.
Verdict:
- Below $49 → High risk of further downside.
- Above $64 → Bulls regain strength.
- Watching $44-$49 zone for potential reversal or breakdown confirmation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.