| DKNG latest price $24.0600 (0.1%) ($24.0600 - $24.0600) on Fri. May. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 60 |
Latest Price | $24.0600(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) VFMO(59%) PEJ(58%) IBUY(56%) IWO(56%) VT(53%) |
Factors Impacting DKNG price | DKNG will decline at least -1.685% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-22%) TBT(-20%) USO(-8%) |
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 | -1.685% (StdDev 3.37%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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