| DKNG latest price $40.3800 (9.11%) ($37.1000 - $40.8100) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 61 |
Latest Price | $40.3800(9.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 2.7% 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(66%) IWO(62%) IPO(60%) ONLN(60%) ARKK(57%) |
Factors Impacting DKNG price | DKNG will decline at least -2.42% in a week (0% probabilities). VIXM(-30%) UUP(-13%) VXX(-9%) IGOV(-7%) EDOC(-6%) |
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 | -2.42% (StdDev 4.84%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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