| DKNG latest price $51.9850 (4.67%) ($51.9850 - $51.9850) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.74% (three month average) |
RSI | 41 |
Latest Price | $51.9850(4.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.3% a day on average for past five trading days. |
Weekly Trend | DKNG declines -4.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -1.87% 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 | -1.87% (StdDev 3.74%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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