| DKNG latest price $11.6850 (5.41%) ($11.6850 - $11.6850) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 27 |
Latest Price | $11.6850(5.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | DKNG declines -5.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) PEJ(56%) IWO(55%) IBUY(54%) IWM(52%) IWC(51%) |
Factors Impacting DKNG price | DKNG will decline at least -2.9% in a week (0% probabilities). XME(-10%) UNG(-10%) URA(-9%) BND(-9%) XOP(-8%) |
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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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