(Takung Art Co. Ltd)
| TKAT latest price $39.0600 (2.95%) ($37.2300 - $43.0000) on Tue. Apr. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.55% (three month average) |
RSI | 89 |
Latest Price | $39.0600(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 5% a day on average for past five trading days. |
Weekly Trend | TKAT advances 10.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) KWEB(22%) MCHI(20%) EEM(19%) FXI(19%) VWO(19%) |
Factors Impacting TKAT price | TKAT will decline at least -20.275% in a week (0% probabilities). IGOV(-8%) XLU(-7%) XLV(-6%) VIXM(-6%) UUP(-6%) |
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 | -20.275% (StdDev 40.55%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.2% |
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