| DKNG latest price $24.9700 (2.21%) ($24.9700 - $24.9700) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 61 |
Latest Price | $24.9700(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1% 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(59%) VFMO(59%) IBUY(57%) IWO(55%) XLY(54%) |
Factors Impacting DKNG price | DKNG will decline at least -1.67% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-23%) TBT(-21%) 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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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