| DKNG latest price $50.1700 (4.76%) ($47.7700 - $51.0800) on Wed. Nov. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 70 |
Latest Price | $50.1700(4.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 8.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(68%) IWO(62%) ONLN(62%) IPO(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -2.465% in a week (0% probabilities). VIXM(-33%) UUP(-13%) EDOC(-11%) VXX(-9%) TBT(-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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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