| DKNG latest price $47.8650 (6.91%) ($47.8650 - $47.8650) on Mon. May. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 35 |
Latest Price | $47.8650(6.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2% a day on average for past five trading days. |
Weekly Trend | DKNG declines -6.2% 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(69%) IWO(65%) IPO(63%) ONLN(63%) ARKK(61%) |
Factors Impacting DKNG price | DKNG will decline at least -2.16% in a week (0% probabilities). VIXM(-33%) UUP(-13%) VXX(-8%) TBT(-5%) 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 | -2.16% (StdDev 4.32%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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