| DKNG latest price $19.0850 (0.42%) ($19.0850 - $19.0850) on Fri. Apr. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 65 |
Latest Price | $19.0850(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) VFMO(60%) PEJ(58%) IWO(57%) IBUY(55%) VT(54%) |
Factors Impacting DKNG price | DKNG will decline at least -1.86% in a week (0% probabilities). VXX(-49%) VIXM(-47%) UUP(-20%) SMH(-17%) TBT(-12%) |
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 | 0.3 () |
Intraday Trend | 0% |
| |
|
|