| ETSY latest price $33.4800 (1.7%) ($32.5700 - $33.5200) on Wed. Jun. 6, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 79 |
Latest Price | $33.4800(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 1.1% a day on average for past five trading days. |
Weekly Trend | ETSY advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ETSY advance at 0% a week (0% probability) IBUY(69%) ARKK(57%) IWF(57%) IWO(57%) SKYY(57%) |
Factors Impacting ETSY price | ETSY will decline at least -1.155% in a week (0% probabilities). UUP(-13%) VXX(-12%) VIXM(-5%) TBT(-2%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.155% (StdDev 2.31%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
| |
|
|