| DKNG latest price $43.0800 (9.31%) ($40.8200 - $43.6000) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.19% (three month average) |
RSI | 45 |
Latest Price | $43.0800(9.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.1% a day on average for past five trading days. |
Weekly Trend | DKNG declines -5.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(62%) ONLN(62%) IPO(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -2.595% in a week (0% probabilities). VIXM(-32%) UUP(-14%) VXX(-10%) EDOC(-9%) TBT(-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 | -2.595% (StdDev 5.19%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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