| ETSY latest price $228.4000 (1.3%) ($228.4000 - $229.3300) on Thu. Dec. 23, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 49 |
Latest Price | $228.4000(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 0.9% a day on average for past five trading days. |
Weekly Trend | ETSY declines -2.2% 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(74%) ONLN(73%) IWO(68%) IPO(67%) IWF(64%) |
Factors Impacting ETSY price | ETSY will decline at least -1.835% in a week (0% probabilities). VIXM(-33%) UUP(-12%) TBT(-10%) VXX(-9%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.835% (StdDev 3.67%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
| |
|
|