| DKNG latest price $50.6050 (0.77%) ($50.6050 - $50.6050) on Wed. Jun. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 54 |
Latest Price | $50.6050(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.7% a day on average for past five trading days. |
Weekly Trend | DKNG declines -3.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(69%) IWO(65%) IPO(63%) ONLN(63%) ARKK(60%) |
Factors Impacting DKNG price | DKNG will decline at least -1.685% in a week (0% probabilities). VIXM(-33%) UUP(-12%) VXX(-8%) TBT(-4%) UNG(-2%) |
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 | -1.685% (StdDev 3.37%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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