| DKNG latest price $59.1500 (8.06%) ($59.1500 - $59.1500) on Tue. Feb. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 62 |
Latest Price | $59.1500(8.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.9% a day on average for past five trading days. |
Weekly Trend | DKNG advances 2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(63%) IPO(62%) ONLN(62%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -1.75% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.75% (StdDev 3.5%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|