(Takung Art Co. Ltd)
| TKAT latest price $49.0000 (65.09%) ($25.5100 - $52.2000) on Mon. Mar. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.68% (three month average) |
RSI | 89 |
Latest Price | $49.0000(65.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 42% a day on average for past five trading days. |
Weekly Trend | TKAT advances 359.7% a week on average for past two weeks. |
Market Behavior | Growth 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) BLOK(14%) EMHY(12%) JETS(12%) PCY(12%) IBUY(11%) |
Factors Impacting TKAT price | TKAT will decline at least -20.34% in a week (0% probabilities). XLU(-10%) VXX(-9%) UUP(-9%) VIXM(-8%) XLV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -20.34% (StdDev 40.68%) |
Hourly BBV | 0 () |
Intraday Trend | 88.5% |
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