| DKNG latest price $33.4250 (6.79%) ($33.4250 - $33.4250) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 38 |
Latest Price | $33.4250(6.79%) |
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 -7.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(70%) IWO(66%) ONLN(65%) IPO(64%) PEJ(63%) |
Factors Impacting DKNG price | DKNG will decline at least -1.66% in a week (0% probabilities). VIXM(-33%) UUP(-12%) VXX(-7%) TBT(-6%) 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 | -1.66% (StdDev 3.32%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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