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Shares of ETSY Down 20.7% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Etsy Inc (NASDAQ:ETSY) on October 30th, 2019 at $53.34. In approximately 1 month, Etsy Inc has returned 20.71% as of today's recent price of $42.29.

Over the past year, Etsy Inc has traded in a range of $8.56 to $44.70 and is now at $42.29, 394% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.2%.

Etsy, Inc. provides e-commerce services. The Company offers handmade and vintage items, art, and supplies, as well as regular items such as clothing, housewares, paper goods, candles, bags and purses, music, and wood working items. Etsy serves customers throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Etsy Inc.

Log in and add Etsy Inc (ETSY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights etsy inc

Ticker(s): ETSY