TKKS stock: buy or sell?

TKKS stock price: $4.31 3.86% At close on March 26th, 2020

Updated on:
March 26th, 2020

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After boosting an astounding 13.25% on Wednesday, TKK Symphony Acquisition closed on March/26 at $4.31 and boosted a brilliant 3.86%. Mar/26 was the third climbing session in a row, gaining 24.29%.

Should I buy TKKS stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with TKK Symphony Acquisition stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TKKS will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is TKK Symphony Acquisition stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for TKKS stock for the last month.

TKKS stock analysis

Daily outlook

After boosting an astounding 13.25% on Wednesday, TKK Symphony Acquisition closed on March/26 at $4.31 and boosted a brilliant 3.86%.

After boosting an astounding 13.25% on Wednesday, TKK Symphony Acquisition closed on Mar/26 at $4.31 and boosted a brilliant 3.86%. Since price and SMA200d lines crossed down on February/18, TKKS fell $-5.69 per share (-56.90%). TKKS broke out again over $3.72 after a 32.80% correction started on March/16. On February 13th, TKKS hit new all time highs, pushing higher previous ATH of $11.50 recorded on February. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

TKKS stock chart (daily)

Weekly outlook

TKK Symphony Acquisition shares rocketed 23.14% this week, ending at $4.31. Late February TKKS plunged a spooky -20.96% in just one week. For 4 weeks in a row, price soared and marked a profit of 130.69%.

Not so far away is the last all-time high TKK Symphony Acquisition marked by mid February, but since then it dropped a 62.62%. Since mid February, when TKKS stock price broke down the 40-weeks moving avarage line, it slid $-5.69 per share (-56.90%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

TKKS stock chart (weekly)

TKKS stock price history

TKKS stock went public on September 12th, 2018 with a price of $9.541. Since then, TKKS stock lost a -54.80%, with a yearly average of -54.80%.

1: Adjusted price after possible price splits or reverse-splits.

TKKS stock historical price chart

TKKS stock reached all-time highs on February/13 with a price of $11.53.

TKKS stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for TKK Symphony Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

TKKS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

TKK Symphony Acquisition ownership

When you are planning to buy shares of a company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For TKK Symphony Acquisition, of all outstanding shares are owned by its staff.

The following table compares ownership indicators for other stocks related to TKK Symphony Acquisition:

TKKS
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

TKKS summary

Thursday, March 26th, 2020
Open$4.15
Close$4.31
Day range$4.10 - $4.35
Previous close$4.15
Session gain3.86%
Average true range$0.53
50d mov avg$5.95
100d mov avg$8.00
200d mov avg$8.98
Daily patternlb01c
Weekly pattern

TKK Symphony Acquisition performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare TKK Symphony Acquisition to :
Stock3m6m12m
TKKSTKK Symphony Acqu...-58.16%-57.70%-56.33%

TKK Symphony Acquisition competitors

Unfortunately, we could not find any public company that could be defined as TKK Symphony Acquisition competitor. This doesn't mean TKK Symphony Acquisition does not have any competitor in the market, it's just we could not detected it.