| DKNG latest price $39.7000 (6.58%) ($36.6500 - $39.8700) on Fri. May. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.5% (three month average) |
RSI | 89 |
Latest Price | $39.7000(6.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 6.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 18.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -3.25% 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 | -3.25% (StdDev 6.5%) |
Hourly BBV | 0 () |
Intraday Trend | 7.3% |
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