| DKNG latest price $14.7500 (13.2%) ($13.2100 - $15.2700) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6% (three month average) |
RSI | 74 |
Latest Price | $14.7500(13.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 4.9% a day on average for past five trading days. |
Weekly Trend | DKNG advances 4.8% 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(62%) ONLN(57%) IPO(56%) IWO(56%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3% in a week (0% probabilities). VIXM(-28%) UUP(-13%) VXX(-10%) UNG(-3%) TBT(-3%) |
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 | -3% (StdDev 6%) |
Hourly BBV | 0 () |
Intraday Trend | 10.4% |
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