| DKNG latest price $13.7950 (10.71%) ($13.7950 - $13.8200) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.87% (three month average) |
RSI | 51 |
Latest Price | $13.7950(10.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 4.2% a day on average for past five trading days. |
Weekly Trend | DKNG declines -8.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(67%) IWO(64%) PEJ(62%) IWC(60%) ONLN(60%) |
Factors Impacting DKNG price | DKNG will decline at least -3.435% in a week (0% probabilities). VIXM(-25%) UUP(-11%) TBT(-8%) UNG(-4%) VXX(-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 | -3.435% (StdDev 6.87%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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