(Takung Art Co. Ltd)
| TKAT latest price $4.2300 (-0.94%) ($4.1000 - $4.4200) on Fri. Dec. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 44 |
Latest Price | $4.2300(-0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 1.2% a day on average for past five trading days. |
Weekly Trend | TKAT declines -4.9% a week on average for past two weeks. |
Market Behavior | Broad based 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) IBB(43%) XBI(43%) IBUY(40%) IPO(40%) ARKG(39%) |
Factors Impacting TKAT price | TKAT will decline at least -2.55% in a week (0% probabilities). VIXM(-33%) VXX(-28%) IGOV(-20%) UUP(-18%) BNDX(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.55% (StdDev 5.1%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3% |
| |
|
|