TAOPING INC (TAOP) Stock Technical Analysis
NASDAQ:TAOP - Nasdaq - VGG8675V1278 - Common Stock - Currency: USD
Overall TAOP gets a technical rating of 2 out of 10. In the past year, TAOP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TAOP is a bad performer in the overall market: 92% of all stocks are doing better.
TAOP is one of the lesser performing stocks in the IT Services industry. 82% of 82 stocks in the same industry do better.
TAOP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAOP is lagging the market.
In the last month TAOP has a been trading in the 0.14 - 0.67 range, which is quite wide. It is currently trading near the lows of this range.
TAOP has an average volume of 18461700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TAOP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.26
0.30
When analyzing the support we notice one important area.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @0.27 from a trend line in the daily time frame.
- Resistance @0.28 from a horizontal line in the weekly time frame.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.30 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.27
Mansfield-4.27
10 Day High0.67
10 Day Low0.14
20 Day High0.67
20 Day Low0.14
52 Week High0.98
52 Week Low0.14
Performance
1 Week-3.24%
2 Weeks27.75%
1 Month17.74%
3 Month-17%
6 Month-21.57%
12 Month-64.05%
2 Year-96.2%
3 Year-98.03%
5 Year-98.68%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)54.07
LBB0.16
UBB0.31
NASDAQ:TAOP (5/21/2025, 3:15:13 PM)
0.27
+0 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.47%
1 Week-3.24%
2 Weeks27.75%
1 Month17.74%
3 Month-17%
6 Month-21.57%
12 Month-64.05%
2 Year-96.2%
3 Year-98.03%
5 Year-98.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%29.4%
ATR Inc-65.37%
Range Today0.04
ADR(20)0.08
ADR(20)%28.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.27
Mansfield-4.27
10 Day High0.67
10 Day Low0.14
20 Day High0.67
20 Day Low0.14
52 Week High0.98
52 Week Low0.14
CS1 End0.26
CR1 Start0.27
Volume & EV
DER(3)-5.29%
DER(5)-3.74%
Volume2.43M
Volume Incr45.4%
Vol(5)48.50M
Vol(50)18.46M