| DKNG latest price $18.3500 (9.1%) ($16.9000 - $18.6900) on Wed. Feb. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 74 |
Latest Price | $18.3500(9.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 5.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(63%) ONLN(58%) IPO(57%) IWO(56%) ARKK(55%) |
Factors Impacting DKNG price | DKNG will decline at least -1.405% in a week (0% probabilities). VIXM(-28%) 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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
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