| DKNG latest price $55.3900 (4.29%) ($52.6000 - $55.7000) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.06% (three month average) |
RSI | 80 |
Latest Price | $55.3900(4.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 5.7% a day on average for past five trading days. |
Weekly Trend | DKNG advances 18.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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(58%) |
Factors Impacting DKNG price | DKNG will decline at least -2.53% in a week (0% probabilities). VIXM(-31%) UUP(-14%) VXX(-9%) IGOV(-7%) EDOC(-7%) |
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 | -2.53% (StdDev 5.06%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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