| DKNG latest price $17.8950 (1.3%) ($17.8950 - $17.8950) on Mon. Mar. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 38 |
Latest Price | $17.8950(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.7% a day on average for past five trading days. |
Weekly Trend | DKNG declines -2.8% 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(58%) VFMO(58%) IBUY(57%) IWO(57%) VT(55%) |
Factors Impacting DKNG price | DKNG will decline at least -1.86% in a week (0% probabilities). VXX(-49%) VIXM(-47%) UUP(-16%) SMH(-15%) TBT(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.86% (StdDev 3.72%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|