| DKNG latest price $29.7800 (4.6%) ($29.7800 - $29.7800) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 60 |
Latest Price | $29.7800(4.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.2% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.6% 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(69%) ARKK(66%) SPY(66%) VFMO(66%) BOTZ(65%) |
Factors Impacting DKNG price | DKNG will decline at least -1.445% in a week (0% probabilities). VXX(-55%) VIXM(-53%) UUP(-21%) TBT(-20%) USO(-19%) |
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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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