(TAOP) Taoping Inc complete technical analysis [charts+indicators] | Buy/Sell Taoping Inc | (TAOP) share price targets
Complete technical analysis of Taoping Inc (TAOP) by charts plus indicators, forecast predictions and share price targets for Taoping Inc (TAOP)
Taoping Inc trades in USA in Technology sector.
10 day averaged volume of Taoping Inc is 12986700
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Mar 2021||9.32||8.60||9.88||8.60||0.045 times|
|26 Fri Feb 2021||8.37||9.47||9.60||8.07||0.056 times|
|25 Thu Feb 2021||9.80||11.61||11.76||9.71||0.13 times|
|24 Wed Feb 2021||11.66||9.18||11.67||8.81||0.21 times|
|23 Tue Feb 2021||8.47||10.04||10.84||8.20||0.384 times|
|22 Mon Feb 2021||10.99||6.86||14.48||6.84||7.932 times|
|19 Fri Feb 2021||7.04||7.21||9.69||6.21||1.163 times|
|18 Thu Feb 2021||5.76||5.29||5.86||5.29||0.024 times|
|17 Wed Feb 2021||5.17||5.31||5.99||5.11||0.043 times|
|16 Tue Feb 2021||5.21||4.55||5.59||4.54||0.047 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.7, but if it comes below 8.7, then a intra day sell could be more profitable.
If you take a sell trade below 8.7, then use 8.7 as stoploss and 6.01 as target. However if you take a buy trade in stock , then use 8.7 as stoploss and 11.9 as target.
Share price targets for Taoping Inc (TAOP)
Intraday share price targets for Taoping Inc (TAOP)
|Downside Intraday Target||8.65|
|Downside Intraday Target||7.99|
|Upside Intraday Target||9.93|
|Upside Intraday Target||10.55|
|Downside Intraday Target||9.27|
Weekly technical analysis of Taoping Inc (TAOP)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Mar 2021||9.32||8.60||9.88||8.60||0.005 times|
|26 Fri Feb 2021||8.37||6.86||14.48||6.84||6.827 times|
|19 Fri Feb 2021||7.04||4.55||9.69||4.54||9.06 times|
|12 Fri Feb 2021||4.41||3.62||4.63||3.60||0.584 times|
|05 Fri Feb 2021||3.62||3.48||3.92||3.15||1.44 times|
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Taoping Inc (TAOP)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|01 Mon Mar 2021||9.32||8.60||9.88||8.60||0.004 times|
|26 Fri Feb 2021||8.37||3.48||14.48||3.15||10.898 times|
|29 Fri Jan 2021||3.56||2.74||4.20||2.74||3.513 times|
|31 Thu Dec 2020||2.84||3.03||3.29||2.70||0.856 times|
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Taoping Inc (TAOP)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||38, 10, 57||Buy|
Price action analysis of Taoping Inc ( (TAOP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Taoping Inc ( (TAOP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Taoping Inc ( (TAOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Taoping Inc ( (TAOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Taoping Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Taoping Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Taoping Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Taoping Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Taoping Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.35 and Taoping Inc (TAOP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Taoping Inc (TAOP) stock. Volume based technical analysis of Taoping Inc (TAOP) stock is negative.
Taoping Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.