| DKNG latest price $29.2300 (15.49%) ($25.3500 - $29.4000) on Fri. May. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.28% (three month average) |
RSI | 81 |
Latest Price | $29.2300(15.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 4.6% a day on average for past five trading days. |
Weekly Trend | DKNG advances 16.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(63%) IWO(57%) ONLN(57%) IPO(56%) ARKK(54%) |
Factors Impacting DKNG price | DKNG will decline at least -3.14% 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 | -3.14% (StdDev 6.28%) |
Hourly BBV | 0 () |
Intraday Trend | 12.9% |
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