| DKNG latest price $15.1000 (5.48%) ($15.1000 - $15.1000) on Fri. Jan. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.52% (three month average) |
RSI | 81 |
Latest Price | $15.1000(5.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.7% a day on average for past five trading days. |
Weekly Trend | DKNG advances 7.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) PEJ(55%) IBUY(54%) IWO(54%) XLY(54%) IVE(51%) |
Factors Impacting DKNG price | DKNG will decline at least -2.76% in a week (0% probabilities). VIXM(-41%) UUP(-14%) TBT(-10%) SMH(-8%) VXX(-7%) |
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 | -2.76% (StdDev 5.52%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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