ETSY Inc

ETSY remains in a Stage 2 advancing uptrend underpinned by aligned rising EMAs, but after making fresh highs and reaching extreme overbought conditions, price is extended above dynamic support. Short-term execution lacks a clear edge, so we defer new entries until ETSY stabilizes on a shallow pullback into the rising 9/21 EMA zone.

• ↑GMS reached $2.5B in Q1, up 5.5% YoY, signs of user reengagement.
• ↑Shop Other Jeffs campaign leverages Prime Day traffic to boost independent sellers.
• ↓Adjusted EBITDA margin dipped to 29.3% as regulatory and shipping costs rose.