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Is TAOP heading for a slide? New 52 Week Closing Low shows up after tumbling 25.7%

Taoping Inc. (TAOP) — Daily Technical Analysis & Swing Trading Signals · Oct 17, 2025, 17:50 ET
TAOP posted a 25.7% loss on Friday, October 17th, accompanied by 23.2× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, Wide Range Bar, New 52 Week Closing Low, Lower Bollinger Band Walk, Expansion Breakdown & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 1.74, 1.37 & 0.93, with resistance at 2.55, 2.99 & 3.36.

Current SwingTradeBot Technical Rating of TAOP: F

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Taoping Inc. (TAOP)