TAOPING INC (TAOP) Stock Technical Analysis
NASDAQ:TAOP - Nasdaq - VGG8675V1278 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TAOP. TAOP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TAOP is a bad performer in the overall market: 98% of all stocks are doing better.
TAOP is part of the IT Services industry. There are 82 other stocks in this industry, of which 87% are performing better than TAOP.
TAOP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
TAOP has an average volume of 18499200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TAOP has a been trading in the 3.56 - 7.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TAOP has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
4.19
7.30
We found 1 important support area.
- Support @4.23 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.83 to 4.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 5.08 to 5.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.25 from a trend line in the daily time frame.
- Resistance @7.23 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TAOP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TAOP is down. |
| ChartMill Relative Strength | 2.36 | NEGATIVE | TAOP has a low relative strength, it was outperformed by 97.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TAOP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TAOP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TAOP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.97 | NEUTRAL | The RSI value for TAOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests TAOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.16 | NEUTRAL | The Stochastics value for TAOP is a neutral value. |
| Average True Range in percent/ATR (20) | 14.54 | HIGH VOLATILITY | The high ATR as a percentage value for TAOP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.8 | NEUTRAL | The ADX value for TAOP suggests a possible start of a new trend. |
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)
NASDAQ:TAOP (7/11/2025, 8:00:00 PM)
4.8245
-0.11 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.14%
1 Week7.69%
2 Weeks6.74%
1 Month-30.08%
3 Month-28.53%
6 Month-55.03%
12 Month-76.85%
2 Year-97.13%
3 Year-98.13%
5 Year-99.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%14.54%
ATR Inc-25.87%
Range Today0.64
ADR(20)0.69
ADR(20)%14.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.36
Mansfield-6.02
10 Day High5.19
10 Day Low3.7
20 Day High7.24
20 Day Low3.56
52 Week High29.4
52 Week Low3.56
CS1 End4.23
CR1 Start4.83
Volume & EV
DER(3)-14.03%
DER(5)-10.61%
Volume47.10K
Volume Incr-21.13%
Vol(5)48.16K
Vol(50)18.50M