| DKNG latest price $26.5550 (0.8%) ($26.5550 - $26.5550) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 56 |
Latest Price | $26.5550(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.2% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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(59%) IBUY(57%) |
Factors Impacting DKNG price | DKNG will decline at least -1.585% in a week (0% probabilities). VXX(-49%) VIXM(-49%) UUP(-25%) 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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