(Takung Art Co. Ltd)
| TKAT latest price $3.4000 (-10.53%) ($3.3000 - $3.6500) on Fri. Jan. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.43% (three month average) |
RSI | 45 |
Latest Price | $3.4000(-10.53%) |
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 -9.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) XBI(45%) IBB(44%) IBUY(44%) ARKG(43%) IPO(43%) |
Factors Impacting TKAT price | TKAT will decline at least -3.715% in a week (0% probabilities). VIXM(-32%) VXX(-27%) UUP(-18%) SHY(-12%) TIP(-9%) |
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 | -3.715% (StdDev 7.43%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.2% |
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