Etsy, Inc. (Etsy) operates two-sided online marketplaces that connect buyers and sellers around the world. Co.'s primary marketplace, Etsy.com, is the global destination for goods made by independent sellers. In addition to its core Etsy marketplace, its brands consist of Reverb Holdings, Inc. (Reverb), its musical instrument marketplace and Depop Limited (Depop), its fashion resale marketplace. Reverb is a two-sided marketplace that connects buyers and sellers of new, used, and vintage music gear from all over the world. It offers Etsy.com sellers a marketplace with buyers along with a range of selling tools and services.
When researching a stock like Etsy, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ETSY Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ETSY stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the ETSY 200 day moving average ("ETSY 200 DMA"), while one of the most popular "shorter look-backs" is the ETSY 50 day moving average ("ETSY 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Etsy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the ETSY 200 DMA and the ETSY 50 DMA, we get a moving average convergence divergence indicator ("ETSY MACD"). The ETSY MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |