ETSY INC (ETSY) Stock Technical Analysis
NASDAQ:ETSY - Nasdaq - US29786A1060 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ETSY. ETSY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ETSY is a bad performer in the overall market: 76% of all stocks are doing better.
ETSY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ETSY has an average volume of 4539940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ETSY is part of the Broadline Retail industry. There are 31 other stocks in this industry, ETSY did better than 46% of them.
In the last month ETSY has a been trading in the 40.05 - 51.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ETSY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.63, a Stop Loss order could be placed below this zone.
More info and screens
42.95
57.18
We found 1 important support area.
- A support zone ranging from 43.38 to 43.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 47.54 to 47.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.43 from a horizontal line in the daily time frame.
- A resistance zone ranging from 51.96 to 52.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.55 from a trend line in the weekly time frame.
- Resistance @56.61 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.1
Mansfield-0.99
10 Day High46.65
10 Day Low40.05
20 Day High51
20 Day Low40.05
52 Week High71.72
52 Week Low40.05
Performance
1 Week5.22%
2 Weeks5.25%
1 Month0.15%
3 Month-12.06%
6 Month-5.57%
12 Month-31.88%
2 Year-54.54%
3 Year-50.71%
5 Year-29.2%
10 Year106.52%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)51.07
LBB39.9
UBB49.13
45.93
+1.39 (+3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg3.12%
1 Week5.22%
2 Weeks5.25%
1 Month0.15%
3 Month-12.06%
6 Month-5.57%
12 Month-31.88%
2 Year-54.54%
3 Year-50.71%
5 Year-29.2%
10 Year106.52%
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%5.77%
ATR Inc-47.31%
Range Today1.37
ADR(20)2.49
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.1
Mansfield-0.99
10 Day High46.65
10 Day Low40.05
20 Day High51
20 Day Low40.05
52 Week High71.72
52 Week Low40.05
CS1 End43.63
CR1 Start47.54
Volume & EV
DER(3)0.52%
DER(5)1.6%
Volume5.81M
Volume Incr-19.02%
Vol(5)3.79M
Vol(50)4.54M