| DKNG latest price $42.3500 (-1.69%) ($41.1700 - $42.6600) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 43 |
Latest Price | $42.3500(-1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.7% a day on average for past five trading days. |
Weekly Trend | DKNG declines -3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -2.59% 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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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