| DKNG latest price $11.9400 (-0.5%) ($11.8200 - $12.2800) on Tue. Jan. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.53% (three month average) |
RSI | 73 |
Latest Price | $11.9400(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(62%) ONLN(58%) IPO(56%) IWO(56%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -0.765% in a week (0% probabilities). VIXM(-27%) VXX(-12%) UUP(-10%) UNG(-1%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.765% (StdDev 1.53%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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