(Takung Art Co. Ltd)
| TKAT latest price $2.2000 (-9.09%) ($2.1350 - $2.5000) on Mon. Mar. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.62% (three month average) |
RSI | 51 |
Latest Price | $2.2000(-9.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 4.9% a day on average for past five trading days. |
Weekly Trend | TKAT advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal 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(45%) ARKG(44%) IBB(44%) INDA(42%) IBUY(41%) |
Factors Impacting TKAT price | TKAT will decline at least -4.31% in a week (0% probabilities). VIXM(-33%) VXX(-32%) SHY(-20%) GLD(-18%) UUP(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -4.31% (StdDev 8.62%) |
Hourly BBV | 0.1 () |
Intraday Trend | -9.8% |
| |
|
|