| DKNG latest price $36.2700 (-2.53%) ($36.2200 - $38.1700) on Wed. Aug. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.09% (three month average) |
RSI | 54 |
Latest Price | $36.2700(-2.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | DKNG advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(66%) IWO(61%) ONLN(60%) IPO(59%) ARKK(57%) |
Factors Impacting DKNG price | DKNG will decline at least -2.545% in a week (0% probabilities). VIXM(-30%) UUP(-13%) VXX(-9%) TBT(-5%) EDOC(-5%) |
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 | -2.545% (StdDev 5.09%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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