| DKNG latest price $28.0950 (2.74%) ($28.0950 - $28.0950) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 35 |
Latest Price | $28.0950(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.1% a day on average for past five trading days. |
Weekly Trend | DKNG declines -3.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) ARKK(66%) PEJ(64%) VFMO(64%) SKYY(63%) BOTZ(62%) |
Factors Impacting DKNG price | DKNG will decline at least -1.53% in a week (0% probabilities). VXX(-53%) VIXM(-53%) TBT(-25%) UUP(-20%) EDOC(-15%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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