| DKNG latest price $18.6250 (-3.15%) ($18.6250 - $18.6250) on Fri. Sep. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.19% (three month average) |
RSI | 64 |
Latest Price | $18.6250(-3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 6.8% 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(59%) IWO(57%) PEJ(56%) IWM(53%) IWC(52%) |
Factors Impacting DKNG price | DKNG will decline at least -2.595% 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 | -2.595% (StdDev 5.19%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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