| DKNG latest price $21.8300 (-1.2%) ($21.8300 - $21.8300) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 71 |
Latest Price | $21.8300(-1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.3% a day on average for past five trading days. |
Weekly Trend | DKNG advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) VFMO(60%) IWO(57%) PEJ(57%) IBUY(56%) VT(55%) |
Factors Impacting DKNG price | DKNG will decline at least -1.81% in a week (0% probabilities). VXX(-50%) VIXM(-49%) UUP(-19%) SMH(-18%) TBT(-14%) |
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 | -1.81% (StdDev 3.62%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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