ETSY INC (ETSY) Technical Analysis
NYSE:ETSY • US29786A1060
Current stock price
52.84 USD
-1.92 (-3.51%)
At close:
53 USD
+0.16 (+0.3%)
After Hours:
ETSY Technical Rating and Analysis
Overall ETSY gets a technical rating of 2 out of 10. ETSY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- ETSY is part of the Broadline Retail industry. There are 30 other stocks in this industry. ETSY outperforms 82% of them.
- ETSY has an average volume of 3728400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that ETSY is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- ETSY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETSY is lagging the market slightly.
- In the last month ETSY has a been trading in the 50.59 - 58.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ETSY Weekly and Daily overview Charts
ETSY Setup Rating and Analysis
ETSY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 53.56. Right above this resistance zone may be a good entry point.
More info and screens
ETSY Support and Resistance Analysis
45.26
64.54
2 important support areas can be observed.
- Support @51.98 from a horizontal line in the daily time frame.
- A support zone ranging from 45.72 to 45.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 53.56 to 55.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.41 to 56.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.90 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ETSY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETSY is neutral. |
| ChartMill Relative Strength | 70.59 | POSITIVE | ETSY has a high relative strength, it outperformed 70.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETSY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETSY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETSY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.08 | NEUTRAL | The RSI value for ETSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ETSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.5 | NEUTRAL | The Stochastics value for ETSY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for ETSY suggests some volalility. |
| Average Directional Index/ADX (14) | 10.56 | NEGATIVE | The low ADX value for ETSY suggests a weak or negative trend. |
ETSY Chart- and CandleStick Pattern Analysis
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)
ETSY Technicals: Chart, Performance Metrics, Trend & Indicators
52.84
-1.92 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-3.51%
1 Week1.58%
2 Weeks-6.31%
1 Month1.26%
3 Month-2.74%
6 Month-18.7%
12 Month17.14%
2 Year-23.11%
3 Year-52.54%
5 Year-73.8%
10 Year507.36%
15 YearN/A
Volatility
ATR(14)2.57
ATR(20)%4.71%
ATR Inc-24.38%
Range Today2.35
ADR(20)2.39
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.59
3 months CRS50.26
6 months CRS24.8
Mansfield-0.74
10 Day High56.02
10 Day Low51.66
20 Day High58.65
20 Day Low50.59
52 Week High76.52
52 Week Low40.05
CS1 End51.98
CR1 Start53.56
Volume & EV
DER(3)1.56%
DER(5)1.7%
Volume3.37M
Volume Incr-48.32%
Vol(5)2.23M
Vol(50)3.73M
ETSY INC / ETSY TA FAQ
Can you provide the ChartMill technical rating for ETSY INC?
ChartMill assigns a technical rating of 2 / 10 to ETSY.
Can you provide the trend direction for ETSY INC?
The current trend direction for ETSY INC (ETSY) is Bearish.
What is the RSI signal for ETSY INC (ETSY) stock?
ETSY INC (ETSY) has an RSI value of 47.0844. This indicates that the stock is currently neutral.
What is the MACD signal for ETSY stock?
The MACD indicator for ETSY INC (ETSY) has a value of 0.0513264, indicating a bearish trend.
What is the short term momentum for ETSY stock?
The short term momentum for ETSY INC (ETSY) is neutral.