Upstart Stock Plummets to 257th in Trading Volume Ranking Amid Volatile Market

On June 20, 2025, Upstart (UPST) experienced a significant decline, with its trading volume reaching $345 million, marking a 46.08% decrease from the previous day. This drop positioned Upstart at the 257th spot in terms of trading volume for the day. The stock price closed at $58.01, down 1.86% from the previous close of $59.08.

Upstart's stock has shown a mixed technical outlook, with a weaker forecast leading to a downgrade from a "Strong Buy" to a "Buy" candidate. The stock's recent performance includes a 12.9% increase over the past two weeks, with fluctuations between $56.71 and $60.47 on the last trading day. Despite the recent decline, the stock remains in a strong rising trend, suggesting potential for further gains. Analysts predict a 21.33% increase over the next three months, with a 90% probability that the stock will trade between $52.82 and $71.88 by the end of this period.

Support levels for Upstart are identified at $55.72 and $50.68, with additional support from accumulated volume at $47.93 and $47.17. The stock's high volatility, with daily movements averaging 6.08%, indicates a "high risk" classification. The recommended stop-loss is set at $55.51, reflecting the stock's significant daily price swings. For the upcoming trading day, Upstart is expected to open at $58.40, with a potential trading range of $54.60 to $61.42, offering a possible 11.76% move between the lowest and highest trading prices.

Analysts from Needham & Company have placed a "Buy" rating on Upstart stock, with a price target of $70 per share. This rating, combined with the stock's recent performance and technical indicators, suggests a potential buying opportunity for investors. However, the stock's proximity to resistance levels and high volatility may pose risks for short-term traders.