(Takung Art Co. Ltd)
| TKAT latest price $6.8900 (-4.31%) ($6.6500 - $7.4100) on Wed. Aug. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.19% (three month average) |
RSI | 55 |
Latest Price | $6.8900(-4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 1.2% a day on average for past five trading days. |
Weekly Trend | TKAT advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) KWEB(24%) MCHI(21%) FXI(20%) EEM(18%) VWO(18%) |
Factors Impacting TKAT price | TKAT will decline at least -4.595% in a week (0% probabilities). UUP(-8%) VIXM(-5%) XLU(-3%) XLRE(-3%) TIP(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -4.595% (StdDev 9.19%) |
Hourly BBV | -0.4 () |
Intraday Trend | -7% |
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