| DKNG latest price $46.6100 (9.05%) ($43.2500 - $46.8300) on Tue. Nov. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.09% (three month average) |
RSI | 69 |
Latest Price | $46.6100(9.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3% a day on average for past five trading days. |
Weekly Trend | DKNG advances 7.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(62%) IPO(61%) ONLN(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -2.545% in a week (0% probabilities). VIXM(-32%) UUP(-13%) EDOC(-11%) VXX(-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 | -2.545% (StdDev 5.09%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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