(Takung Art Co. Ltd)
| TKAT latest price $13.0000 (11.3%) ($11.0100 - $13.1200) on Wed. Sep. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.45% (three month average) |
RSI | 76 |
Latest Price | $13.0000(11.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 3.6% a day on average for past five trading days. |
Weekly Trend | TKAT advances 46.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) XBI(39%) IBB(37%) IBUY(37%) IPO(36%) IWO(36%) |
Factors Impacting TKAT price | TKAT will decline at least -5.725% in a week (0% probabilities). VIXM(-31%) VXX(-29%) UUP(-15%) BNDX(-15%) GLD(-10%) |
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 | -5.725% (StdDev 11.45%) |
Hourly BBV | 2.2 () |
Intraday Trend | 12.3% |
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