| DKNG latest price $14.9700 (2.18%) ($14.9700 - $14.9700) on Tue. Jan. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 72 |
Latest Price | $14.9700(2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(55%) IBUY(54%) IWO(54%) XLY(53%) IVE(51%) |
Factors Impacting DKNG price | DKNG will decline at least -2.75% in a week (0% probabilities). VIXM(-41%) UUP(-15%) TBT(-11%) SMH(-9%) 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 | -2.75% (StdDev 5.5%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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