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(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 278451

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 0.73 0.75 0.76 0.71 0.384 times
23 Thu May 2024 0.75 0.80 0.82 0.74 0.331 times
22 Wed May 2024 0.79 0.78 0.81 0.68 0.511 times
21 Tue May 2024 0.79 0.84 0.84 0.77 0.78 times
20 Mon May 2024 0.81 0.82 0.91 0.76 2.284 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.7 as stoploss in an intra day buy trade for a target of 0.87. However, stock will show a bearish move below 0.7.

Share price targets for Taoping Inc (TAOP)

Target Type Value
Downside Target 0.68
Downside Target 0.71
Upside Target 0.75
Upside Target 0.78
Upside Target 0.80
Upside Target 0.91
Upside Target 1.01
Upside Target 1.05
Upside Target 1.10
Upside Target 1.18
Upside Target 1.19
Upside Target 1.36
Upside Target 1.98
Upside Target 2.01

Intraday share price targets for Taoping Inc (TAOP)

Target Type Value
Downside Intraday Target 0.71
Downside Intraday Target 0.68
Upside Intraday Target 0.76
Upside Intraday Target 0.78
Upside Intraday Target 0.73

Weekly technical analysis of Taoping Inc (TAOP)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 0.73 0.75 0.76 0.71 0.098 times
23 Thu May 2024 0.75 0.82 0.91 0.68 0.684 times
17 Fri May 2024 0.80 0.84 0.92 0.68 0.081 times
10 Fri May 2024 0.89 1.01 1.19 0.78 40.444 times
03 Fri May 2024 1.02 1.02 1.10 0.92 0.523 times

Price has moved down 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
28 Tue May 2024 0.73 1.00 1.19 0.68 4.451 times
30 Tue Apr 2024 1.02 1.12 1.18 0.75 3.426 times
28 Thu Mar 2024 1.09 1.30 1.36 1.05 0.061 times
29 Thu Feb 2024 1.30 1.04 1.98 1.01 3.055 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Taoping Inc (TAOP)

Indicator Name Indicator Value Indicator Signal
ADX 45, 45, 0 Sell
MACD -0, -0Sell
Stochastics 24Sell
CCI -72Sell
RSI 53Buy
OBV 17236214Sell
VWAP 1Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

Price action analysis of Taoping Inc ( (TAOP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Taoping Inc ( (TAOP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Taoping Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Taoping Inc in short term and the sell signal is strong.

Taoping Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Taoping Inc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 0.78 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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