| DKNG latest price $29.5500 (1.09%) ($28.5000 - $31.7800) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.28% (three month average) |
RSI | 92 |
Latest Price | $29.5500(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.9% a day on average for past five trading days. |
Weekly Trend | DKNG advances 17.6% 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%) IWO(58%) IPO(57%) ONLN(57%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.14% in a week (0% probabilities). VIXM(-29%) UUP(-14%) VXX(-10%) TBT(-4%) DRIV(-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 | -3.14% (StdDev 6.28%) |
Hourly BBV | 0 () |
Intraday Trend | -6.8% |
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