| DKNG latest price $29.5300 (-0.44%) ($29.5300 - $29.5400) on Mon. Oct. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 46 |
Latest Price | $29.5300(-0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.4% a day on average for past five trading days. |
Weekly Trend | DKNG advances 0.1% 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) PEJ(71%) SPY(69%) VT(68%) ARKK(67%) BOTZ(67%) |
Factors Impacting DKNG price | DKNG will decline at least -1.51% in a week (0% probabilities). VXX(-57%) VIXM(-55%) TBT(-23%) UUP(-22%) USO(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|