Handmade Goods Retailer Etsy Stock Sees Improved RS Rating

In a welcome move, Etsy (ETSY) saw its Relative Strength Rating improve from 70 to 74 on Thursday.

The online purveyor of handmade goods has performed well during the pandemic as consumers flocked to online shopping for retail therapy. Etsy has continued to growth their book of business with its $1.6 billion purchase of fashion resale marketplace Depop and one of Brazilian online marketplace Elo7 for $217 million.


When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s unique RS Rating measures technical performance by showing how a stock’s price action over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history reveals that the best-performing stocks often have an 80 or higher RS Rating as they launch their biggest climbs. See if Etsy can continue to rebound and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Since hitting a 52-week high of 251.86 on Mar. 2, Etsy stock has been trading in a cup-shaped base. It’s now out of a proper buy range. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.  Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”


Top and bottom line growth moved higher in the company’s most recent quarter. Earnings were up 900%, compared to 332% in the prior report. Revenue increased from 129% to 141%. Look for the next report on or around Aug. 5.

Etsy stock earns the No. 2 rank among its peers in the Retail-Internet industry group. Ebay (EBAY) and Etsy (ETSY) are also among the group’s highest-rated stocks. For more industry news, check out “Retail Industry News And Stocks To Watch.”


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