(Takung Art Co. Ltd)
| TKAT latest price $3.9000 (7.14%) ($2.9500 - $4.8800) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.44% (three month average) |
RSI | 80 |
Latest Price | $3.9000(7.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 11.8% a day on average for past five trading days. |
Weekly Trend | TKAT advances 17.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) FXI(55%) KWEB(53%) MCHI(52%) VWO(50%) INDA(48%) |
Factors Impacting TKAT price | TKAT will decline at least -5.22% in a week (0% probabilities). VXX(-86%) VIXM(-43%) SHY(-40%) TIP(-32%) GLD(-29%) |
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 | -5.22% (StdDev 10.44%) |
Hourly BBV | 1.3 () |
Intraday Trend | 16.8% |
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