| DKNG latest price $33.3900 (14.7%) ($29.6600 - $33.5000) on Tue. May. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 86 |
Latest Price | $33.3900(14.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.6% a day on average for past five trading days. |
Weekly Trend | DKNG advances 13% a week on average for past two weeks. |
Market Behavior | Value stock 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%) ONLN(58%) IPO(57%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.26% in a week (0% probabilities). VIXM(-30%) 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 | -3.26% (StdDev 6.52%) |
Hourly BBV | 0 () |
Intraday Trend | 9.5% |
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