(Takung Art Co. Ltd)
| TKAT latest price $11.2500 (3.21%) ($10.0300 - $13.2300) on Fri. Aug. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.73% (three month average) |
RSI | 71 |
Latest Price | $11.2500(3.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 15.1% a day on average for past five trading days. |
Weekly Trend | TKAT advances 23.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) KWEB(23%) MCHI(20%) FXI(18%) EEM(17%) PCY(17%) |
Factors Impacting TKAT price | TKAT will decline at least -5.865% in a week (0% probabilities). IGOV(-11%) UUP(-7%) VIXM(-6%) VXX(-4%) XLU(-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 | -5.865% (StdDev 11.73%) |
Hourly BBV | -1.2 () |
Intraday Trend | -11.8% |
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