(Takung Art Co. Ltd)
| TKAT latest price $11.0100 (56.39%) ($6.5100 - $12.7300) on Wed. Aug. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.12% (three month average) |
RSI | 69 |
Latest Price | $11.0100(56.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 21% a day on average for past five trading days. |
Weekly Trend | TKAT advances 1% 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(23%) MCHI(21%) FXI(19%) EEM(18%) VWO(18%) |
Factors Impacting TKAT price | TKAT will decline at least -6.06% in a week (0% probabilities). UUP(-8%) VIXM(-7%) VXX(-4%) XLU(-3%) SHY(-3%) |
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 | -6.06% (StdDev 12.12%) |
Hourly BBV | 1.6 () |
Intraday Trend | 61.7% |
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