ETSY INC (ETSY)

US29786A1060 - Common Stock

66.73  -0.32 (-0.48%)

After market: 66.77 +0.04 (+0.06%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ETSY. 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.

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.
85% of all other stocks performed better in the past year than ETSY.
ETSY is one of the lesser performing stocks in the Broadline Retail industry. 69% of 34 stocks in the same industry do better.
ETSY is currently trading in the lower part 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.
In the last month ETSY has a been trading in the 64.38 - 71.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ETSY has an average volume of 3566060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ETSY Weekly chart
ETSY Daily chart
Setup Rating and Analysis

8

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 68.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.56, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

61.84

76.11

3 important support areas can be observed.

  • A support zone ranging from 66.55 to 66.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @65.22 from a trend line in the daily time frame.
  • Support @62.46 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 68.29 to 70.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @73.07 from a trend line in the weekly time frame.
  • Resistance @75.36 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.41
Mansfield-2.14
10 Day High69.06
10 Day Low64.38
20 Day High71.5
20 Day Low64.38
52 Week High103.25
52 Week Low58.2
Performance
1 Week0.95%
2 Weeks1.26%
1 Month0.71%
3 Month-5.56%
6 Month2.82%
12 Month-34.61%
2 Year-28.39%
3 Year-66.43%
5 Year-1.2%
10 YearN/A
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)0.33
RSI(14)46.2
LBB64.07
UBB69.35
ETSY Daily chart

ETSY INC

NASDAQ:ETSY (4/15/2024, 7:02:09 PM)

After market: 66.77 +0.04 (+0.06%)

66.73

-0.32 (-0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.48%
1 Week0.95%
2 Weeks1.26%
1 Month0.71%
3 Month-5.56%
6 Month2.82%
12 Month-34.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.15
ATR(20)%3.48%
ATR Inc
Range Today2.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High69.06
10 Day Low64.38
20 Day High71.5
20 Day Low64.38
52 Week High103.25
52 Week Low58.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.00M
Volume Incr-23.34%
Vol(5)2.45M
Vol(50)3.57M