(Takung Art Co. Ltd)
| TKAT latest price $3.0200 (7.09%) ($2.7900 - $3.0500) on Tue. Feb. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.58% (three month average) |
RSI | 39 |
Latest Price | $3.0200(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TKAT advances 1.9% a day on average for past five trading days. |
Weekly Trend | TKAT declines -11.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TKAT advance at 0% a week (0% probability) XBI(46%) IBB(45%) ARKG(44%) IPO(43%) IBUY(42%) |
Factors Impacting TKAT price | TKAT will decline at least -3.79% in a week (0% probabilities). VIXM(-31%) VXX(-27%) UUP(-20%) SHY(-14%) GLD(-13%) |
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 | -3.79% (StdDev 7.58%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.4% |
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