| ETSY latest price $62.4600 (7.3%) ($57.8500 - $63.1450) on Wed. Mar. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 73 |
Latest Price | $62.4600(7.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 4.2% a day on average for past five trading days. |
Weekly Trend | ETSY advances 6.2% 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(70%) ONLN(70%) IPO(64%) ARKK(58%) IWF(58%) |
Factors Impacting ETSY price | ETSY will decline at least -1.32% in a week (0% probabilities). VIXM(-29%) VXX(-15%) UUP(-8%) TBT(-6%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.32% (StdDev 2.64%) |
Hourly BBV | 0 () |
Intraday Trend | 5.7% |
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