| ETSY latest price $53.6800 (5.25%) ($51.6400 - $54.1700) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.22% (three month average) |
RSI | 80 |
Latest Price | $53.6800(5.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 8.7% a day on average for past five trading days. |
Weekly Trend | ETSY advances 14.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(71%) ONLN(71%) IPO(65%) ARKK(58%) IWF(58%) |
Factors Impacting ETSY price | ETSY will decline at least -3.11% in a week (0% probabilities). VIXM(-27%) VXX(-12%) UUP(-11%) TBT(-9%) USO(-1%) |
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 | -3.11% (StdDev 6.22%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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