Etsy Stock Technical Analysis

ETSY -  USA Stock  

USD 221.09  5.19  2.40%

As of the 18th of October 2021, Etsy shows the Coefficient Of Variation of 873.32, downside deviation of 3.43, and Mean Deviation of 2.24. Etsy Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Etsy Inc, which can be compared to its rivals. Please confirm Etsy Inc variance and potential upside to decide if Etsy Inc is priced favorably, providing market reflects its regular price of 221.09 per share. Given that Etsy has jensen alpha of 0.3237, we urge you to verify Etsy Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Etsy Technical Analysis 

 
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Etsy Analyst Consensus

Target PriceAdvice# of Analysts
225.86Buy14Odds
Etsy Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Etsy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Etsy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Etsy Inc, talking to its executives and customers, or listening to Etsy conference calls.
Etsy Analyst Advice Details
Etsy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Etsy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Etsy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Etsy Inc Technical Analysis

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The output start index for this execution was fifty-nine with a total number of output elements of two. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Etsy Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Etsy Inc Trend Analysis

Use this graph to draw trend lines for Etsy Inc. You can use it to identify possible trend reversals for Etsy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Etsy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Etsy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Etsy Inc applied against its price change over selected period. The best fit line has a slop of   0.45  , which means Etsy Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7790.46, which is the sum of squared deviations for the predicted Etsy price change compared to its average price change.

About Etsy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Etsy Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Etsy Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Etsy Inc stock first instead of the macroeconomic environment surrounding Etsy Inc. By analyzing Etsy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Etsy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Etsy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2020 2021 (projected)
Long Term Debt to Equity0.842.061.491.61
Interest Coverage5.667.9812.1413.1

Etsy October 18, 2021 Technical Indicators

Most technical analysis of Etsy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Etsy from various momentum indicators to cycle indicators. When you analyze Etsy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Etsy October 18, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Etsy stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. Note that the Etsy Inc information on this page should be used as a complementary analysis to other Etsy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Etsy Inc price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
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The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine Etsy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.