| DKNG latest price $27.3450 (-1.65%) ($27.3450 - $27.3450) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 31 |
Latest Price | $27.3450(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.8% a day on average for past five trading days. |
Weekly Trend | DKNG declines -4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) ARKK(66%) PEJ(65%) VFMO(64%) SKYY(63%) BOTZ(62%) |
Factors Impacting DKNG price | DKNG will decline at least -1.53% in a week (0% probabilities). VXX(-54%) VIXM(-53%) TBT(-25%) UUP(-20%) USO(-13%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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