(Takung Art Co. Ltd)
| TKAT latest price $30.0600 (33.01%) ($18.5100 - $40.5400) on Thu. Mar. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.29% (three month average) |
RSI | 88 |
Latest Price | $30.0600(33.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 58.1% a day on average for past five trading days. |
Weekly Trend | TKAT advances 204% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) TAN(23%) ICLN(22%) ACES(18%) LIT(18%) REMX(18%) |
Factors Impacting TKAT price | TKAT will decline at least -20.145% in a week (0% probabilities). UUP(-10%) TLT(-7%) VXX(-5%) SHY(-5%) OIH(-5%) |
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 | -20.145% (StdDev 40.29%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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