| DKNG latest price $51.5300 (0.83%) ($51.5300 - $51.5300) on Fri. Jun. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 42 |
Latest Price | $51.5300(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | DKNG declines -3.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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(61%) |
Factors Impacting DKNG price | DKNG will decline at least -1.675% in a week (0% probabilities). VIXM(-32%) 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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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