(Takung Art Co. Ltd)
| TKAT latest price $2.4500 (1.66%) ($2.2700 - $2.5000) on Wed. Mar. 23, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.51% (three month average) |
RSI | 56 |
Latest Price | $2.4500(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 5.8% a day on average for past five trading days. |
Weekly Trend | TKAT advances 11.6% 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(45%) ARKG(44%) IBB(44%) INDA(42%) IBUY(41%) |
Factors Impacting TKAT price | TKAT will decline at least -4.255% in a week (0% probabilities). VIXM(-37%) VXX(-31%) SHY(-20%) UUP(-17%) GLD(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -4.255% (StdDev 8.51%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.4% |
| |
|
|