(Takung Art Co. Ltd)
| TKAT latest price $2.4400 (2.52%) ($2.3300 - $2.5400) on Tue. Mar. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.18% (three month average) |
RSI | 64 |
Latest Price | $2.4400(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 0.4% a day on average for past five trading days. |
Weekly Trend | TKAT advances 14% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) FXI(56%) KWEB(54%) MCHI(54%) VWO(53%) EEM(49%) |
Factors Impacting TKAT price | TKAT will decline at least -3.59% in a week (0% probabilities). VXX(-54%) VIXM(-39%) SHY(-25%) GLD(-24%) TIP(-23%) |
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 | -3.59% (StdDev 7.18%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.2% |
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