| DKNG latest price $25.2450 (1.1%) ($25.2450 - $25.2450) on Mon. Jun. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.33% (three month average) |
RSI | 62 |
Latest Price | $25.2450(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.6% 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(59%) IBUY(57%) IWO(56%) XLY(55%) |
Factors Impacting DKNG price | DKNG will decline at least -1.665% 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 | -1.665% (StdDev 3.33%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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