| DKNG latest price $48.7050 (-0.9%) ($48.7050 - $48.7050) on Tue. Jul. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 49 |
Latest Price | $48.7050(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.2% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(69%) IWO(65%) ONLN(64%) IPO(63%) ARKK(60%) |
Factors Impacting DKNG price | DKNG will decline at least -1.605% in a week (0% probabilities). VIXM(-32%) UUP(-13%) VXX(-7%) TBT(-5%) 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 | -1.605% (StdDev 3.21%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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