(Takung Art Co. Ltd)
| TKAT latest price $39.5000 (7.45%) ($31.5900 - $43.9000) on Thu. Mar. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.53% (three month average) |
RSI | 90 |
Latest Price | $39.5000(7.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 4.7% a day on average for past five trading days. |
Weekly Trend | TKAT advances 219.5% 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) BLOK(13%) IWC(12%) REMX(12%) EMHY(11%) KWEB(11%) |
Factors Impacting TKAT price | TKAT will decline at least -20.265% in a week (0% probabilities). XLU(-13%) UUP(-10%) VIXM(-8%) VXX(-7%) XLV(-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 | -20.265% (StdDev 40.53%) |
Hourly BBV | -0.6 () |
Intraday Trend | 18.2% |
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