| DKNG latest price $63.9000 (1.35%) ($63.9000 - $63.9000) on Fri. Feb. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 70 |
Latest Price | $63.9000(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.3% a day on average for past five trading days. |
Weekly Trend | DKNG advances 7.2% 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(64%) IPO(62%) ONLN(62%) ARKK(60%) |
Factors Impacting DKNG price | DKNG will decline at least -1.645% 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 | -1.645% (StdDev 3.29%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|