Get started
Upstart Holdings, Inc.Upstart Holdings, Inc.Upstart Holdings, Inc.

Upstart Holdings, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

UPST trade ideas

Cup and HandleUPST is sending out a few warning signs that price may pull back. Price is over the band set on an 80 SMA. Price eventually returns to the bands. GET a Good Long Entry Level if interested (o: Bearish divergence on RSI a while back which has most likely corrected. Possible divergence on the steep climb after earnings as the price incline is much steeper than RSI. Lots are bullish on this but long entry level can be crucial to your psyche. There is no true handle which would require a period of consolidation> Consolidation forms a source of support and I feel a bit better when I see it somewhere under price that is close by or at least in the ball park. I placed green lines where I see support. You may see it elsewhere. I do not see any bearish rising wedges and that could even be a flag forming up there but too soon to know. In either case a pull back may be on the horizon. Gap under price. Earnings are an event pattern and price will usually chill out within a week or two. A crooked W took price to the prior high on the last notable leg up before this one. I did not Fib the W out to figure out which pattern it is as it no longer matters. Most likely a bearish harmonic pattern that hit the target before coming down. But folks can trade a bearish harmonic pattern if they recognize it on every leg with a mixture of going short and going long. After all, patterns like this are not so bearish if you got in at the bottom of the last leg up of that crooked W. But they are still referred to as bearish and bullish harmonic patterns. You can get stuck in a bearish leg of a bullish harmonic pattern as well, which usually appears as a crooked M. Just need to be sure to get out in time when a bearish harmonic pattern hits the end of the final leg up (because it is coming down) or in a bullish harmonic pattern, go long when it hits the landing pad (because it is usually going up.) (o: Current high is 220.11. No recommendation.
NASDAQ:UPST
by lauralea
2
UPST: 3 for 3 on 30% Pullback? - Standing by for entryWith this analysis I notice that UPST always seems to top out as indicated in the upper trend line in orange. Looking for a bounce off the fib line around 218 to start it's quick journey lower. On average we see about a 30% drop when this occurs. Watching this closely for entry as it's been getting a lot of positive headlines and they recently increased guidance. I think the valuation is quite rich though and a pull back is needed to continue higher. Will look to enter puts on confirmation.
NASDAQ:UPSTShort
by Nijj
UPST: "Is Upstart right for you?" Requested by leeterry2020A newly IPO-ed company that wasted no time in surging almost 10X in less than a year! Although it is still very preliminary to say if Upstart will continue it's uptrend, the recent gap and surge confirmed with strong volume seems to suggest it will. With that, we can look for better entry since price is currently already near the upper channel. There's a couple of ways to go about this. 1) Wait for a pullback to $165-180 area as there's support drawn from the 1H chart. Or 2) Wait for price to drop back to the bottom of the channel. Either way, we will have to reevaluate again if and when it pullback. Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
NASDAQ:UPST
by leslieyimsm
Stocks To WatchThe Market's longer term uptrend still intact. Big earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 21 total stocks on this list and 3 short squeeze candidates. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:UPSTLong
by Jtacher51
5
$UPST - W3 of W3 of W5? Upstart needs to stay above $112.85, and cross $128 and then $135. If it can clear $135, $142 and $150 aren't a long way off. Invalidation level is 105.58....below that level, it wave 4 would have crossed the wave 1 high invalidating this count. My final target is ~265, but that's still a long way away i believe. The above mentioned levels are the ones to watch for the short term. Watch for a bounce between 116-120. TL;DR: PT1 = 135 PT2 = 142 PT3 = 150 SL = 112.85 Inv = 105.58
NASDAQ:UPSTLong
by ir-rizzle
UPST: Definitely a Multi-BaggerUpstart Holdings operates a cloud-based artificial intelligence (AI) lending platform. The company aggregates consumer demand for loans and connects it to its network bank partners. Levine (1997) postulated that financial development contributes to economic growth. Financial development takes place when (1) the range of financial products broadens and (2) the accessibility of financial products improves. Upstart happens to plug this gap by increasing accessibility of loans to consumers, while at the same time reducing default rates (less people will run on the loan, less risk is taken). The management team of Upstart is impressive, with an experienced CEO, a brilliant whiz kid and a solid operational genius. I believe that they have the drive, capacity, and the audacity to make this work. The company also has a wide moat with its unique automated lending AI model – it takes a long time to build something like this and Upstart has managed to make it work. If Upstart's algorithm is being updated and improved constantly, the company could become the Google of AI lending! The company is obviously massively overpriced with a forward P/E of about 200 times. However, that is usually the case with most innovative multibaggers (see Facebook, Amazon, Google), they are almost always overpriced. The share price has recently retraced from its high of $191 and is consolidating along the 50-day moving average. Given that it is forming an ascending triangle pattern on lowered volume, I would buy on the break of $130 as a trade or start accumulating for a long-term position.
NASDAQ:UPSTLong
by cletibals
1
UPST At Major Intersection, Now What?UPST has been chugging along since IPO. It hasn't been smooth sailing but every major drop has been greeted with the next drop putting in higher lows. Doing a little Fib retracement revealed some core levels as well as helped outline the latest high-traffic area. It finally broke back above the 382 fib level at the start of the week and held it as lower support for the first time since May. Before this UPST was rejected for the last week at the 382. Obviously the news catalyst helped a lot in post market trading on Aug 10th..so now what? This gap up has firmly set UPST above the 236 fib level, it has only traded in this area a few times previous but hasn't managed to hold it as support for a meaningful amount of time. BUT since it's here, the hopeful are looking "up" ... maybe in the sense of optimism but I'm talking about more in the sense of levels and wouldn't you know it, right around $166 has been a hairy level for the stock. It hasn't failed at this level once or twice but 6 out of the last 7 times tested (yes I missed a circle the day it spiked to ATH). With the positive news and clear retail interest, this could be an important level to watch (along with maintaining the 236 fib area as a new support) heading into the rest of the month (for now). One of the best performing industries over the past few months has been in tech stocks. The landscape has drastically changed thanks to the pandemic. Many companies have shifted their tech strategy to move more things online and to a virtual platform...Everything from entertainment to sports has seen this become a factor. In this article, we’ll take a closer look at a few tech stocks to watch in August that fit this mold... Continue Reading
NASDAQ:UPST
by PennyStocks101
1
UPST: 32% on UpsideUPST has been consolidating for quite a while and it has finally formed a nice bullish uptrend with a wedge, thanks to great earnings results. A hard wedge resistance at $133 might be able to breakout when volume comes into play, while meeting up to the next resistance at $146, marking a 7.82% of upside. UPST price action respects the strong bullish trend line and keeps bouncing at a higher low. If the momentum persists, in mid/long term, UPST will rally up to $170, 33% upside. Risk and Reward is worth looking out for. This is a great fundamental and technical play for UPST that uses Artificial Intelligence to determine the creditworthiness of consumers. UPST expanding growth with more bank partners such as Customers Bank will only strengthen their position in the disruptive industry. Also, moderately low of Price/Sales of 34.53 makes it better on the profitability. Upstart is just getting started on bull trend as it is expected to be profitable this year.
NASDAQ:UPST
by yflaw1018