| DKNG latest price $52.3650 (1.71%) ($52.3650 - $52.3650) on Mon. Aug. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 76 |
Latest Price | $52.3650(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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%) PEJ(61%) |
Factors Impacting DKNG price | DKNG will decline at least -1.495% in a week (0% probabilities). VIXM(-32%) UUP(-13%) VXX(-7%) TBT(-5%) UNG(-3%) |
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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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