| DKNG latest price $35.4100 (0.14%) ($34.7600 - $36.7500) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.41% (three month average) |
RSI | 55 |
Latest Price | $35.4100(0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.6% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value 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 -2.705% 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 | -2.705% (StdDev 5.41%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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