| DKNG latest price $19.0800 (-2.3%) ($19.0800 - $19.0800) on Thu. Feb. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 64 |
Latest Price | $19.0800(-2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | DKNG advances 7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) PEJ(55%) IWO(54%) VFMO(53%) XLY(53%) IBUY(52%) |
Factors Impacting DKNG price | DKNG will decline at least -2% in a week (0% probabilities). VIXM(-40%) UUP(-13%) SMH(-13%) TBT(-9%) GLD(-9%) |
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% (StdDev 4%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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