| DKNG latest price $19.3150 (2.2%) ($19.3150 - $19.3150) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 57 |
Latest Price | $19.3150(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.3% 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) VFMO(59%) PEJ(58%) IWO(57%) IBUY(56%) IVE(55%) |
Factors Impacting DKNG price | DKNG will decline at least -1.9% in a week (0% probabilities). VXX(-49%) VIXM(-46%) UUP(-17%) SMH(-15%) TBT(-10%) |
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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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