| ETSY latest price $56.7200 (-1.63%) ($54.9500 - $57.2500) on Wed. Apr. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.28% (three month average) |
RSI | 72 |
Latest Price | $56.7200(-1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 3.4% a day on average for past five trading days. |
Weekly Trend | ETSY advances 19.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ETSY advance at 0% a week (0% probability) IBUY(71%) ONLN(71%) IPO(65%) ARKK(58%) IWF(58%) |
Factors Impacting ETSY price | ETSY will decline at least -3.14% in a week (0% probabilities). VIXM(-26%) VXX(-12%) UUP(-11%) TBT(-10%) USO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.14% (StdDev 6.28%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|