| DKNG latest price $53.6950 (6.33%) ($53.6950 - $53.6950) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 60 |
Latest Price | $53.6950(6.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.9% a day on average for past five trading days. |
Weekly Trend | DKNG declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(63%) ONLN(62%) IPO(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -2.09% in a week (0% probabilities). VIXM(-33%) UUP(-13%) IGOV(-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 | -2.09% (StdDev 4.18%) |
Hourly BBV | 2.8 () |
Intraday Trend | 0% |
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