| DKNG latest price $53.5850 (-1.74%) ($53.5850 - $53.5850) on Thu. Jun. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 79 |
Latest Price | $53.5850(-1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 6.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off 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(60%) |
Factors Impacting DKNG price | DKNG will decline at least -1.805% in a week (0% probabilities). VIXM(-32%) UUP(-13%) VXX(-8%) TBT(-4%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.805% (StdDev 3.61%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
| |
|
|