| DKNG latest price $16.8250 (9.43%) ($16.8250 - $16.8250) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.14% (three month average) |
RSI | 41 |
Latest Price | $16.8250(9.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2% a day on average for past five trading days. |
Weekly Trend | DKNG declines -7.6% 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(57%) IWO(55%) PEJ(55%) IWC(51%) IWM(51%) |
Factors Impacting DKNG price | DKNG will decline at least -2.57% in a week (0% probabilities). TBT(-13%) VIXM(-9%) UNG(-9%) UUP(-7%) VXX(-1%) |
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 | -2.57% (StdDev 5.14%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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