ETSY INC (ETSY) Technical Analysis
NYSE:ETSY • US29786A1060
Current stock price
ETSY Technical Rating and Analysis
Taking everything into account, ETSY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ETSY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ETSY is one of the better performing stocks in the market, outperforming 83% of all stocks.
- ETSY is one of the better performing stocks in the Broadline Retail industry, it outperforms 75% of 30 stocks in the same industry.
- ETSY has an average volume of 3215660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ETSY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETSY is lagging the market.
- In the last month ETSY has a been trading in the 51.56 - 70.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ETSY Weekly and Daily overview Charts
ETSY Setup Rating and Analysis
Although ETSY has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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ETSY Support and Resistance Analysis
45.80
We found 3 important support areas.
- Support @50.21 from a trend line in the daily time frame.
- Support @48.63 from a trend line in the weekly time frame.
- Support @46.26 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @63.18 from a horizontal line in the weekly time frame.
ETSY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ETSY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETSY is up. |
| ChartMill Relative Strength | 83.87 | POSITIVE | ETSY has a high relative strength, it outperformed 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETSY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETSY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETSY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for ETSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ETSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.36 | NEUTRAL | The Stochastics value for ETSY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ETSY suggests some volalility. |
| Average Directional Index/ADX (14) | 37 | POSITIVE | The high ADX value value for ETSY suggests a strong trend. |
ETSY Chart- and CandleStick Pattern Analysis
ETSY Technicals: Chart, Performance Metrics, Trend & Indicators
63.17
-1.17 (-1.82%)
ETSY INC / ETSY TA FAQ
Can you provide the ChartMill technical rating for ETSY INC?
ChartMill assigns a technical rating of 10 / 10 to ETSY.
Can you provide the trend direction for ETSY INC?
The current trend direction for ETSY INC (ETSY) is Bullish.
Can you provide the RSI signal for ETSY INC?
ETSY INC (ETSY) has an RSI value of 56.674. This indicates that the stock is currently neutral.
What is the MACD signal for ETSY INC (ETSY) stock?
The MACD indicator for ETSY INC (ETSY) has a value of 0.244847, indicating a bearish trend.
What are the support and resistance levels for ETSY INC (ETSY) stock?
ETSY INC (ETSY) has a support level at 50.21 and a resistance level at 63.18. Check the full technical report for our detailed analysis of ETSY support and resistance levels.