(Takung Art Co. Ltd)
| TKAT latest price $7.0700 (1.14%) ($6.8900 - $7.5000) on Mon. Oct. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.37% (three month average) |
RSI | 45 |
Latest Price | $7.0700(1.14%) |
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 -3.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) XBI(43%) IBB(42%) IBUY(40%) IPO(40%) ARKG(39%) |
Factors Impacting TKAT price | TKAT will decline at least -5.685% in a week (0% probabilities). VIXM(-34%) VXX(-29%) IGOV(-17%) UUP(-16%) BNDX(-13%) |
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 | -5.685% (StdDev 11.37%) |
Hourly BBV | -0.2 () |
Intraday Trend | 2.2% |
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