| DKNG latest price $20.5300 (-5.52%) ($20.5000 - $20.5300) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 38 |
Latest Price | $20.5300(-5.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.1% a day on average for past five trading days. |
Weekly Trend | DKNG declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(66%) ONLN(64%) IPO(62%) PEJ(62%) |
Factors Impacting DKNG price | DKNG will decline at least -2.335% in a week (0% probabilities). VIXM(-31%) UUP(-13%) TBT(-8%) VXX(-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 | -2.335% (StdDev 4.67%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
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