| DKNG latest price $63.0500 (5.14%) ($63.0500 - $63.0900) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.47% (three month average) |
RSI | 64 |
Latest Price | $63.0500(5.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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(60%) |
Factors Impacting DKNG price | DKNG will decline at least -1.735% 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 | -1.735% (StdDev 3.47%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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