TKKS stock: buy or sell?
March 26th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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.
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 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 targetPredicting 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
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
TKK Symphony Acquisition ownershipWhen 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:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, March 26th, 2020|
|Day range||$4.10 - $4.35|
|Average true range||$0.53|
|50d mov avg||$5.95|
|100d mov avg||$8.00|
|200d mov avg||$8.98|
TKK Symphony Acquisition performancePerformance 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 :
|TKKSTKK Symphony Acqu...||-58.16%||-57.70%||-56.33%|