| DKNG latest price $35.3600 (-0.79%) ($34.5900 - $36.8800) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.42% (three month average) |
RSI | 56 |
Latest Price | $35.3600(-0.79%) |
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 -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally 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 -2.71% in a week (0% probabilities). VIXM(-30%) UUP(-13%) VXX(-10%) TBT(-5%) DRIV(-5%) |
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 | -2.71% (StdDev 5.42%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
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