Technical Analysis: Based on the latest market data, ETSY has experienced a significant decline, dropping 10.05% in regular trading to close at $51.53 on February 19, 2025, with an additional 0.25% decline in after-hours trading.
Key technical indicators show:
News Impact Analysis: The sharp decline was primarily triggered by:
Price Prediction for Next Week: Based on Fibonacci levels and current technical setup:
Expected price range for next week: $49.90 - $54.55
Trading Recommendation: SELL Rationale:
Price targets:
The stock is likely to continue its downward trend in the short term due to weak earnings results and broader market challenges. The technical setup suggests more downside potential, with the first target at the S2 level of $49.93.
The price of ETSY is predicted to go up -3.88%, based on the high correlation periods with SGMO. The similarity of these two price pattern on the periods is 91.86%.
ETSY
SGMO
Current platform investments like gift mode and a planned loyalty program launch should drive an inflection in GMV growth once consumer discretionary demand starts to recover.
After more than doubling its 2019 buyer base, Etsy has likely reached a demand tipping point, with high-teens active buyer penetration across its core six markets heightening barriers to success for new entrants.
The firm's increased reach in international markets and among customers who identify as men should add a long-term leg to its active user growth journey.
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