| DKNG latest price $20.6250 (11.34%) ($20.6250 - $20.6250) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.3% (three month average) |
RSI | 80 |
Latest Price | $20.6250(11.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.9% a day on average for past five trading days. |
Weekly Trend | DKNG advances 18.6% 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(60%) IWO(58%) PEJ(56%) IWC(54%) IWM(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.15% in a week (0% probabilities). VIXM(-14%) TBT(-14%) UUP(-10%) UNG(-6%) VXX(-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 | -3.15% (StdDev 6.3%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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