| DKNG latest price $40.5300 (0.92%) ($38.8000 - $42.4800) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.42% (three month average) |
RSI | 85 |
Latest Price | $40.5300(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.6% a day on average for past five trading days. |
Weekly Trend | DKNG advances 20.4% 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(59%) ONLN(58%) IPO(57%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.21% 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 | -3.21% (StdDev 6.42%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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