| DKNG latest price $15.4900 (5.02%) ($14.3500 - $15.6800) on Wed. Apr. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.94% (three month average) |
RSI | 67 |
Latest Price | $15.4900(5.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.4% a day on average for past five trading days. |
Weekly Trend | DKNG advances 8.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.97% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.97% (StdDev 5.94%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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