| DKNG latest price $68.6900 (11.49%) ($68.6900 - $68.8700) on Mon. Mar. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 61 |
Latest Price | $68.6900(11.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 0.6% 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(64%) IPO(62%) ONLN(62%) ARKK(60%) |
Factors Impacting DKNG price | DKNG will decline at least -1.76% in a week (0% probabilities). VIXM(-33%) UUP(-13%) VXX(-9%) TBT(-6%) UNG(-2%) |
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 | -1.76% (StdDev 3.52%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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