| DKNG latest price $14.3150 (10.84%) ($14.3150 - $14.3150) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.95% (three month average) |
RSI | 54 |
Latest Price | $14.3150(10.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.2% a day on average for past five trading days. |
Weekly Trend | DKNG declines -1.6% 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(66%) IWO(62%) PEJ(60%) ONLN(59%) IWC(58%) |
Factors Impacting DKNG price | DKNG will decline at least -2.975% in a week (0% probabilities). VIXM(-23%) UUP(-12%) TBT(-12%) UNG(-6%) 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 | -2.975% (StdDev 5.95%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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