| DKNG latest price $26.3450 (2.53%) ($26.3450 - $26.3450) on Thu. Jun. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 58 |
Latest Price | $26.3450(2.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.8% a day on average for past five trading days. |
Weekly Trend | DKNG advances 0.5% 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) ARKK(62%) PEJ(61%) VFMO(61%) BOTZ(58%) IBUY(57%) |
Factors Impacting DKNG price | DKNG will decline at least -1.585% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-24%) TBT(-23%) USO(-9%) |
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 | -1.585% (StdDev 3.17%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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