(Takung Art Co. Ltd)
| TKAT latest price $36.8800 (-5.58%) ($35.0000 - $40.0900) on Wed. Apr. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.58% (three month average) |
RSI | 71 |
Latest Price | $36.8800(-5.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 1.6% a day on average for past five trading days. |
Weekly Trend | TKAT declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -20.29% 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 | -20.29% (StdDev 40.58%) |
Hourly BBV | -1.2 () |
Intraday Trend | -6.6% |
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