| DKNG latest price $14.7500 (3.51%) ($14.0500 - $15.1400) on Tue. Apr. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.96% (three month average) |
RSI | 71 |
Latest Price | $14.7500(3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 7.3% 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) IBUY(62%) ONLN(57%) IPO(56%) IWO(56%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -2.98% in a week (0% probabilities). VIXM(-28%) UUP(-13%) VXX(-10%) UNG(-3%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.98% (StdDev 5.96%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|