| DKNG latest price $48.2250 (-2.28%) ($47.3900 - $50.0500) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 81 |
Latest Price | $48.2250(-2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.3% a day on average for past five trading days. |
Weekly Trend | DKNG advances 9.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(62%) ONLN(62%) IPO(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -2.52% in a week (0% probabilities). VIXM(-33%) UUP(-13%) VXX(-9%) TBT(-5%) UNG(-1%) |
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 | -2.52% (StdDev 5.04%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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