(Takung Art Co. Ltd)
| TKAT latest price $16.8900 (1.14%) ($16.5000 - $18.3000) on Tue. Jun. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.7% (three month average) |
RSI | 26 |
Latest Price | $16.8900(1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 0.5% a day on average for past five trading days. |
Weekly Trend | TKAT declines -8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) KWEB(22%) MCHI(20%) FXI(18%) VWO(18%) EEM(17%) |
Factors Impacting TKAT price | TKAT will decline at least -5.35% in a week (0% probabilities). VIXM(-7%) UUP(-7%) XLU(-5%) XLRE(-5%) 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 | -5.35% (StdDev 10.7%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.4% |
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