| ETSY latest price $134.5700 (5.95%) ($134.5700 - $134.5700) on Wed. Jan. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 55 |
Latest Price | $134.5700(5.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 2.9% a day on average for past five trading days. |
Weekly Trend | ETSY declines -0.7% 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) XRT(59%) IBUY(56%) ONLN(56%) PEJ(56%) XLY(53%) |
Factors Impacting ETSY price | ETSY will decline at least -2.25% in a week (0% probabilities). VIXM(-24%) UUP(-17%) TBT(-17%) VXX(-11%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.25% (StdDev 4.5%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|