| DKNG latest price $26.2700 (-1.07%) ($26.2700 - $26.2700) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 61 |
Latest Price | $26.2700(-1.07%) |
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 2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value 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 -1.59% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-24%) TBT(-24%) 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 | -1.59% (StdDev 3.18%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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