| DKNG latest price $40.7200 (0.37%) ($38.5000 - $42.0800) on Wed. Jun. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 59 |
Latest Price | $40.7200(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.8% a day on average for past five trading days. |
Weekly Trend | DKNG declines -1.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(64%) IWO(59%) IPO(58%) ONLN(58%) ARKK(55%) |
Factors Impacting DKNG price | DKNG will decline at least -2.655% in a week (0% probabilities). VIXM(-30%) UUP(-14%) VXX(-10%) TBT(-4%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.655% (StdDev 5.31%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
| |
|
|