| DKNG latest price $14.6550 (0.58%) ($14.6550 - $14.6550) on Thu. Oct. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 37 |
Latest Price | $14.6550(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2% a day on average for past five trading days. |
Weekly Trend | DKNG declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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 -2.38% in a week (0% probabilities). TBT(-12%) UNG(-10%) VIXM(-7%) UUP(-3%) XME(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.38% (StdDev 4.76%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|