| ETSY latest price $108.4500 (3.61%) ($108.4500 - $108.4500) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.52% (three month average) |
RSI | 88 |
Latest Price | $108.4500(3.61%) |
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 10.7% 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(66%) ONLN(65%) IWO(59%) IWM(57%) PEJ(56%) |
Factors Impacting ETSY price | ETSY will decline at least -2.76% in a week (0% probabilities). VIXM(-13%) UUP(-13%) TBT(-13%) VXX(-5%) UNG(-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 | -2.76% (StdDev 5.52%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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