(Takung Art Co. Ltd)
| TKAT latest price $7.3700 (-1.07%) ($7.2800 - $7.9450) on Wed. Sep. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.69% (three month average) |
RSI | 37 |
Latest Price | $7.3700(-1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 0.3% a day on average for past five trading days. |
Weekly Trend | TKAT declines -8.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) XBI(44%) IBB(42%) IPO(41%) ARKG(40%) ARKK(40%) |
Factors Impacting TKAT price | TKAT will decline at least -5.845% in a week (0% probabilities). VIXM(-35%) VXX(-30%) UUP(-16%) IGOV(-16%) BNDX(-14%) |
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 | -5.845% (StdDev 11.69%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.2% |
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