| DKNG latest price $16.9500 (5.34%) ($15.8200 - $17.6800) on Fri. Apr. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.96% (three month average) |
RSI | 76 |
Latest Price | $16.9500(5.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.3% a day on average for past five trading days. |
Weekly Trend | DKNG advances 13% 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) IBUY(63%) 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.98% (StdDev 5.96%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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