(Takung Art Co. Ltd)
| TKAT latest price $7.0400 (28%) ($5.6000 - $8.9800) on Tue. Aug. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.83% (three month average) |
RSI | 55 |
Latest Price | $7.0400(28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 6.9% a day on average for past five trading days. |
Weekly Trend | TKAT declines -8.6% a week on average for past two weeks. |
Market Behavior | Value 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(23%) MCHI(21%) FXI(19%) EEM(18%) VWO(18%) |
Factors Impacting TKAT price | TKAT will decline at least -4.915% in a week (0% probabilities). UUP(-8%) VIXM(-7%) VXX(-4%) XLU(-3%) SHY(-3%) |
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 | -4.915% (StdDev 9.83%) |
Hourly BBV | 1.1 () |
Intraday Trend | 25.7% |
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