| DKNG latest price $71.8200 (0.52%) ($71.8200 - $71.8200) on Fri. Mar. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 67 |
Latest Price | $71.8200(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 5.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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 -1.91% in a week (0% probabilities). VIXM(-32%) UUP(-13%) VXX(-8%) TBT(-5%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.91% (StdDev 3.82%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
| |
|
|