(Takung Art Co. Ltd)
| TKAT latest price $18.9400 (-13.63%) ($18.8000 - $23.6900) on Thu. Jun. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 39.87% (three month average) |
RSI | 51 |
Latest Price | $18.9400(-13.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 0.8% a day on average for past five trading days. |
Weekly Trend | TKAT advances 4.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) KWEB(22%) MCHI(20%) EEM(18%) FXI(18%) VWO(18%) |
Factors Impacting TKAT price | TKAT will decline at least -19.935% in a week (0% probabilities). UUP(-7%) XLU(-6%) VIXM(-5%) TIP(-5%) SPLV(-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 | -19.935% (StdDev 39.87%) |
Hourly BBV | -0.3 () |
Intraday Trend | -7% |
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