(Takung Art Co. Ltd)
| TKAT latest price $3.4200 (1.48%) ($3.2200 - $3.7900) on Thu. Apr. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.47% (three month average) |
RSI | 67 |
Latest Price | $3.4200(1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 6.9% a day on average for past five trading days. |
Weekly Trend | TKAT advances 24.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock sell-off 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 -5.235% in a week (0% probabilities). VXX(-56%) VIXM(-51%) SHY(-40%) GLD(-35%) TIP(-33%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -5.235% (StdDev 10.47%) |
Hourly BBV | -0.9 () |
Intraday Trend | 4.9% |
| |
|
|