(Takung Art Co. Ltd)
| TKAT latest price $31.1000 (-5.76%) ($28.5000 - $37.9100) on Mon. Apr. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 40.65% (three month average) |
RSI | 44 |
Latest Price | $31.1000(-5.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 11.6% a day on average for past five trading days. |
Weekly Trend | TKAT declines -12.9% a week on average for past two weeks. |
Market Behavior | Growth 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) KWEB(22%) MCHI(21%) EEM(19%) FXI(19%) VWO(19%) |
Factors Impacting TKAT price | TKAT will decline at least -20.325% in a week (0% probabilities). UUP(-7%) VIXM(-6%) XLU(-5%) XLV(-4%) TIP(-4%) |
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 | -20.325% (StdDev 40.65%) |
Hourly BBV | 0.6 () |
Intraday Trend | 3.9% |
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