(Takung Art Co. Ltd)
| TKAT latest price $22.6000 (277.3%) ($5.2000 - $24.9000) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.16% (three month average) |
RSI | 88 |
Latest Price | $22.6000(277.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 78.9% a day on average for past five trading days. |
Weekly Trend | TKAT advances 111.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) SDY(11%) XLP(10%) IFRA(9%) DIA(8%) IWN(8%) |
Factors Impacting TKAT price | TKAT will decline at least -20.08% in a week (0% probabilities). REMX(-13%) TAN(-12%) MCHI(-11%) KWEB(-11%) EWY(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -20.08% (StdDev 40.16%) |
Hourly BBV | 0 () |
Intraday Trend | 329.7% |
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