(Takung Art Co. Ltd)
| TKAT latest price $3.6400 (61.78%) ($2.2500 - $4.2900) on Fri. Apr. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.37% (three month average) |
RSI | 80 |
Latest Price | $3.6400(61.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 11.5% a day on average for past five trading days. |
Weekly Trend | TKAT advances 13.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(54%) KWEB(52%) MCHI(52%) VWO(51%) EEM(47%) |
Factors Impacting TKAT price | TKAT will decline at least -5.185% in a week (0% probabilities). VXX(-54%) VIXM(-39%) SHY(-31%) TIP(-25%) GLD(-21%) |
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 | -5.185% (StdDev 10.37%) |
Hourly BBV | 3.6 () |
Intraday Trend | 48.6% |
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