| ETSY latest price $79.5700 (-2.52%) ($79.3850 - $79.5700) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 66 |
Latest Price | $79.5700(-2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ETSY advances 0.5% a day on average for past five trading days. |
Weekly Trend | ETSY advances 6.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ETSY advance at 0% a week (0% probability) IBUY(51%) ARKK(45%) PEJ(53%) SKYY(53%) INDA(51%) |
Factors Impacting ETSY price | ETSY will decline at least -1.45% in a week (0% probabilities). UUP(-40%) TIP(-23%) VXX(-18%) VIXM(-15%) VCSH(-11%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | -2.3 () |
Intraday Trend | 0% |
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