Technical Analysis for TAOP - Taoping Inc.

Grade Last Price % Change Price Change
grade F 0.5 -1.96% -0.01
TAOP closed down 1.96 percent on Friday, August 16, 2019, on 55 percent of normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical TAOP trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hammer Candlestick Bullish 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.96%
Narrow Range Bar Range Contraction -1.96%
NR7 Range Contraction -1.96%
Wide Bands Range Expansion -1.96%
Oversold Stochastic Weakness -1.96%

Older signals for TAOP ...

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Profile
Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries primarily in the People's Republic of China. The company operates in two segments, Cloud-based Technology and Traditional Information Technology. It offers cloud-based software as a service to automate the interactive workflow between advertising agencies and their customers, including establishing new projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. The company also provides project-based technology products and services for the public sector; and software and hardware with fully integrated solutions, including information technology infrastructure, Internet-enabled display technologies, and IoT platforms to customers in government, education, residential community management, media, transportation, and other private sectors, as well as related maintenance and support services. The company was formerly known as China Information Technology, Inc. and changed its name to Taoping Inc. in June 2018. Taoping Inc. was founded in 1993 and is headquartered in Shenzhen, the People's Republic of China.
Transportation Technology Information Technology Digital Technology Information And Communications Technology Business Process Management Internet Of Things Information Technology Infrastructure Cloud Based Software Ambient Intelligence Technology Assessment Big Data Solutions Cloud Based Technology
Is TAOP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 1.51
52 Week Low 0.48
Average Volume 75,961
200-Day Moving Average 0.983
50-Day Moving Average 0.6839
20-Day Moving Average 0.6031
10-Day Moving Average 0.5426
Average True Range 0.049
ADX 23.32
+DI 12.0146
-DI 18.6715
Chandelier Exit (Long, 3 ATRs ) 0.583
Chandelier Exit (Short, 3 ATRs ) 0.627
Upper Bollinger Band 0.7354
Lower Bollinger Band 0.4708
Percent B (%b) 0.11
BandWidth 43.873321
MACD Line -0.0548
MACD Signal Line -0.0473
MACD Histogram -0.0075
Fundamentals Value
Market Cap 20.12 Million
Num Shares 40.2 Million
EPS -0.28
Price-to-Earnings (P/E) Ratio -1.79
Price-to-Sales 4.03
Price-to-Book 13.40
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.54
Resistance 3 (R3) 0.54 0.52 0.53
Resistance 2 (R2) 0.52 0.51 0.52 0.53
Resistance 1 (R1) 0.51 0.51 0.50 0.51 0.53
Pivot Point 0.50 0.50 0.49 0.50 0.50
Support 1 (S1) 0.48 0.49 0.48 0.49 0.47
Support 2 (S2) 0.47 0.48 0.47 0.47
Support 3 (S3) 0.46 0.47 0.47
Support 4 (S4) 0.46