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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.

Showing technical analysis as on 2024-08-14 View latest technical analysis

10 day averaged volume of Taoping Inc is 193774

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	0.51	0.53	0.53	0.49	0.052 times
13 Tue Aug 2024	0.52	0.50	0.53	0.50	0.113 times
12 Mon Aug 2024	0.49	0.55	0.56	0.45	1.134 times
09 Fri Aug 2024	0.51	0.50	0.53	0.48	0.787 times
08 Thu Aug 2024	0.52	0.59	0.59	0.52	0.553 times
07 Wed Aug 2024	0.59	0.61	0.63	0.58	0.363 times
06 Tue Aug 2024	0.60	0.64	0.68	0.57	1.695 times
05 Mon Aug 2024	0.65	0.63	0.66	0.60	0.179 times
02 Fri Aug 2024	0.68	0.69	0.69	0.65	0.2 times
01 Thu Aug 2024	0.69	0.69	0.74	0.68	0.464 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 0.5 as stoploss in an intra day buy trade for a target of 0.61. However, stock will show a bearish move below 0.5.

Share price targets for Taoping Inc (TAOP)

Target Type	Value
Downside Target	0.45
Downside Target	0.48
Upside Target	0.56
Upside Target	0.58
Upside Target	0.64
Upside Target	0.68
Upside Target	0.73
Upside Target	0.75
Upside Target	0.93
Upside Target	1.18
Upside Target	1.19

Intraday share price targets for Taoping Inc (TAOP)

Target Type	Value
Downside Intraday Target	0.45
Downside Intraday Target	0.4
Upside Intraday Target	0.56
Upside Intraday Target	0.62
Downside Intraday Target	0.51

Weekly technical analysis of Taoping Inc (TAOP)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	0.51	0.55	0.56	0.45	0.363 times
09 Fri Aug 2024	0.51	0.63	0.68	0.48	0.484 times
02 Fri Aug 2024	0.68	0.62	0.75	0.58	2.33 times
26 Fri Jul 2024	0.62	0.64	0.68	0.59	0.667 times
19 Fri Jul 2024	0.67	0.73	0.73	0.64	1.581 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
14 Wed Aug 2024	0.51	0.69	0.74	0.45	0.291 times
31 Wed Jul 2024	0.74	0.70	0.75	0.58	0.204 times
28 Fri Jun 2024	0.70	0.74	0.93	0.69	0.78 times
31 Fri May 2024	0.72	1.00	1.19	0.68	4.556 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Taoping Inc (TAOP)

Price action analysis of Taoping Inc ( (TAOP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Taoping Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 0.57 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.