| DKNG latest price $53.9500 (2.98%) ($53.9500 - $53.9500) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 61 |
Latest Price | $53.9500(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 4.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(63%) ONLN(62%) IPO(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -1.965% in a week (0% probabilities). VIXM(-33%) UUP(-13%) VXX(-9%) EDOC(-5%) TBT(-4%) |
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 | -1.965% (StdDev 3.93%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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