| DKNG latest price $54.1950 (-3%) ($54.1950 - $54.1950) on Fri. Jan. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 58 |
Latest Price | $54.1950(-3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(63%) IPO(62%) ONLN(62%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -1.73% 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 | -1.73% (StdDev 3.46%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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