| DKNG latest price $42.5400 (5.35%) ($40.5500 - $44.0800) on Thu. Sep. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 64 |
Latest Price | $42.5400(5.35%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.44% 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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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