TAOPING INC (TAOP)
VGG8675V1278 - Common Stock
We assign a technical rating of 2 out of 10 to TAOP. TAOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TAOP is a bad performer in the overall market: 95% of all stocks are doing better.
TAOP is one of the lesser performing stocks in the IT Services industry. 86% of 83 stocks in the same industry do better.
TAOP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAOP is lagging the market.
In the last month TAOP has a been trading in the 0.30 - 0.82 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TAOP has an average volume of 3646120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TAOP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.40
0.72
We found 1 important support area.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.63 from a trend line in the weekly time frame.
- Resistance @0.71 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.16
Mansfield-5.44
10 Day High0.83
10 Day Low0.3
20 Day High0.83
20 Day Low0.3
52 Week High2.01
52 Week Low0.3
Performance
1 Week27.44%
2 Weeks23.54%
1 Month14.94%
3 Month-28.33%
6 Month-43.77%
12 Month-68.87%
2 Year-93.73%
3 Year-97.84%
5 Year-98.79%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)61.07
LBB0.29
UBB0.39
TAOPING INC
NASDAQ:TAOP (12/20/2024, 8:00:00 PM)
After market: 0.3723 -0.04 (-8.71%)0.4078
+0.09 (+28.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg28.64%
1 Week27.44%
2 Weeks23.54%
1 Month14.94%
3 Month-28.33%
6 Month-43.77%
12 Month-68.87%
2 Year-93.73%
3 Year-97.84%
5 Year-98.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%14.45%
ATR Inc611.01%
Range Today0.43
ADR(20)0.06
ADR(20)%13.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.16
Mansfield-5.44
10 Day High0.83
10 Day Low0.3
20 Day High0.83
20 Day Low0.3
52 Week High2.01
52 Week Low0.3
CS1 End0.4
CR1 Start0.63
Volume & EV
DER(3)-6.55%
DER(5)-5.25%
Volume139.10M
Volume Incr2024.43%
Vol(5)28.05M
Vol(50)3.65M