| DKNG latest price $19.4000 (6.36%) ($18.3500 - $19.8000) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.12% (three month average) |
RSI | 77 |
Latest Price | $19.4000(6.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 12.7% 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(62%) IWO(57%) ONLN(57%) IPO(56%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.06% in a week (0% probabilities). VIXM(-28%) UUP(-14%) 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 | -3.06% (StdDev 6.12%) |
Hourly BBV | 0 () |
Intraday Trend | 5.7% |
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