ETSY INC (ETSY) Stock Technical Analysis
NASDAQ:ETSY - Nasdaq - US29786A1060 - Common Stock - Currency: USD
Taking everything into account, ETSY scores 0 out of 10 in our technical rating. ETSY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ETSY is a bad performer in the overall market: 81% of all stocks are doing better.
ETSY is one of the lesser performing stocks in the Broadline Retail industry. 60% of 31 stocks in the same industry do 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 4684320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ETSY has a been trading in the 40.05 - 47.23 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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.77. Right above this resistance zone may be a good entry point.
More info and screens
43.86
54.85
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 45.77 to 47.12. 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 51.44 to 51.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.31 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.76
Mansfield-1.84
10 Day High47.24
10 Day Low41.51
20 Day High47.24
20 Day Low40.05
52 Week High66.93
52 Week Low40.05
Performance
1 Week-3.4%
2 Weeks0.34%
1 Month-8.49%
3 Month-19.32%
6 Month-16.05%
12 Month-26.13%
2 Year-45.34%
3 Year-45.39%
5 Year-45.3%
10 Year164.32%
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)0.07
RSI(14)46.49
LBB42.05
UBB47.06
44.3
+1.79 (+4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg4.21%
1 Week-3.4%
2 Weeks0.34%
1 Month-8.49%
3 Month-19.32%
6 Month-16.05%
12 Month-26.13%
2 Year-45.34%
3 Year-45.39%
5 Year-45.3%
10 Year164.32%
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%5.82%
ATR Inc23.85%
Range Today2.28
ADR(20)2.42
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.76
Mansfield-1.84
10 Day High47.24
10 Day Low41.51
20 Day High47.24
20 Day Low40.05
52 Week High66.93
52 Week Low40.05
CS1 EndN/A
CR1 Start45.77
Volume & EV
DER(3)0.43%
DER(5)0.52%
Volume5.34M
Volume Incr51.3%
Vol(5)6.77M
Vol(50)4.68M