| ETSY latest price $135.0600 (3.37%) ($131.0000 - $137.7800) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 74 |
Latest Price | $135.0600(3.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 2.6% a day on average for past five trading days. |
Weekly Trend | ETSY advances 13.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(66%) IWO(60%) IWF(59%) |
Factors Impacting ETSY price | ETSY will decline at least -1.69% in a week (0% probabilities). VIXM(-27%) UUP(-12%) TBT(-12%) VXX(-11%) DRIV(-5%) |
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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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