(Takung Art Co. Ltd)
| TKAT latest price $2.8000 (-3.45%) ($2.6700 - $2.8900) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.59% (three month average) |
RSI | 28 |
Latest Price | $2.8000(-3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 2.2% a day on average for past five trading days. |
Weekly Trend | TKAT declines -8.5% 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(47%) ARKG(45%) IBB(45%) IBUY(43%) IPO(43%) |
Factors Impacting TKAT price | TKAT will decline at least -3.795% in a week (0% probabilities). VIXM(-31%) VXX(-26%) UUP(-20%) SHY(-14%) GLD(-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 | -3.795% (StdDev 7.59%) |
Hourly BBV | -1.9 () |
Intraday Trend | 1.4% |
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