| DKNG latest price $63.7800 (3.15%) ($58.8500 - $64.1900) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.11% (three month average) |
RSI | 72 |
Latest Price | $63.7800(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.7% a day on average for past five trading days. |
Weekly Trend | DKNG advances 8.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(67%) IWO(62%) ONLN(61%) IPO(60%) ARKK(58%) |
Factors Impacting DKNG price | DKNG will decline at least -2.555% in a week (0% probabilities). VIXM(-32%) UUP(-13%) VXX(-9%) IGOV(-8%) EDOC(-8%) |
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 | -2.555% (StdDev 5.11%) |
Hourly BBV | 0 () |
Intraday Trend | 8.1% |
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