| DKNG latest price $25.9850 (2.93%) ($25.9850 - $25.9850) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 72 |
Latest Price | $25.9850(2.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.2% a day on average for past five trading days. |
Weekly Trend | DKNG advances 2.2% a week on average for past two weeks. |
Market Behavior | Value 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) VFMO(60%) PEJ(59%) IBUY(57%) IWO(56%) XLY(55%) |
Factors Impacting DKNG price | DKNG will decline at least -1.67% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-23%) TBT(-21%) EDOC(-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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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