(Takung Art Co. Ltd)
| TKAT latest price $36.7600 (-31.67%) ($35.2000 - $49.0000) on Wed. Mar. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.87% (three month average) |
RSI | 90 |
Latest Price | $36.7600(-31.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 7.6% a day on average for past five trading days. |
Weekly Trend | TKAT advances 317.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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) BLOK(14%) EMHY(12%) JETS(12%) PCY(12%) IBUY(11%) |
Factors Impacting TKAT price | TKAT will decline at least -20.435% in a week (0% probabilities). XLU(-10%) VXX(-9%) UUP(-9%) VIXM(-8%) XLV(-3%) |
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 | -20.435% (StdDev 40.87%) |
Hourly BBV | -0.7 () |
Intraday Trend | -19% |
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