| DKNG latest price $25.2400 (0.92%) ($25.2400 - $25.2400) on Mon. Jun. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 53 |
Latest Price | $25.2400(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.5% a day on average for past five trading days. |
Weekly Trend | DKNG declines -0.6% 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) ARKK(62%) PEJ(61%) VFMO(61%) BOTZ(58%) IBUY(57%) |
Factors Impacting DKNG price | DKNG will decline at least -1.635% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-25%) TBT(-23%) USO(-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 | -1.635% (StdDev 3.27%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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