| DKNG latest price $19.2300 (4.77%) ($18.1700 - $19.2300) on Thu. Sep. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 60 |
Latest Price | $19.2300(4.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 2.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 5.4% 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(59%) IWO(56%) PEJ(56%) IWC(52%) IWM(52%) |
Factors Impacting DKNG price | DKNG will decline at least -2.73% in a week (0% probabilities). TBT(-13%) VIXM(-11%) UUP(-10%) UNG(-7%) VXX(-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 | -2.73% (StdDev 5.46%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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