| DKNG latest price $21.6100 (2.95%) ($21.1500 - $22.1200) on Tue. May. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.19% (three month average) |
RSI | 83 |
Latest Price | $21.6100(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 10.5% a week on average for past two weeks. |
Market Behavior | Normal 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%) IWO(57%) ONLN(57%) IPO(56%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.095% in a week (0% probabilities). VIXM(-28%) UUP(-14%) 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 | -3.095% (StdDev 6.19%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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