| ETSY latest price $230.9800 (4.91%) ($220.2200 - $230.9800) on Fri. Feb. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.33% (three month average) |
RSI | 64 |
Latest Price | $230.9800(4.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 3% a day on average for past five trading days. |
Weekly Trend | ETSY advances 0.8% 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(71%) ONLN(70%) IPO(66%) IWO(62%) IWF(61%) |
Factors Impacting ETSY price | ETSY will decline at least -2.165% in a week (0% probabilities). VIXM(-31%) VXX(-11%) UUP(-11%) TBT(-10%) USO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.165% (StdDev 4.33%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|