| DKNG latest price $35.6400 (9.46%) ($31.7700 - $36.1200) on Thu. Jul. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.43% (three month average) |
RSI | 48 |
Latest Price | $35.6400(9.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.8% a day on average for past five trading days. |
Weekly Trend | DKNG declines -2.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(65%) IWO(60%) ONLN(59%) IPO(58%) ARKK(56%) |
Factors Impacting DKNG price | DKNG will decline at least -2.715% in a week (0% probabilities). VIXM(-31%) UUP(-13%) VXX(-10%) TBT(-5%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.715% (StdDev 5.43%) |
Hourly BBV | 0 () |
Intraday Trend | 9.7% |
| |
|
|