| DKNG latest price $29.6000 (-2.25%) ($29.6000 - $29.6000) on Wed. Dec. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 47 |
Latest Price | $29.6000(-2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.7% a day on average for past five trading days. |
Weekly Trend | DKNG declines -3.7% 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(70%) IWO(66%) ONLN(65%) IPO(63%) PEJ(62%) |
Factors Impacting DKNG price | DKNG will decline at least -1.835% in a week (0% probabilities). VIXM(-32%) UUP(-12%) TBT(-8%) VXX(-7%) UNG(-3%) |
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 | -1.835% (StdDev 3.67%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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