| ETSY latest price $81.5500 (3.2%) ($76.8900 - $82.4500) on Wed. May. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.64% (three month average) |
RSI | 74 |
Latest Price | $81.5500(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 0.8% a day on average for past five trading days. |
Weekly Trend | ETSY advances 9.8% 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(70%) ONLN(70%) IPO(65%) ARKK(57%) IWF(57%) |
Factors Impacting ETSY price | ETSY will decline at least -3.32% in a week (0% probabilities). VIXM(-25%) VXX(-12%) UUP(-11%) TBT(-11%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.32% (StdDev 6.64%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|