| DKNG latest price $29.6300 (-0.05%) ($29.6300 - $29.6300) on Thu. Aug. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 49 |
Latest Price | $29.6300(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.6% a day on average for past five trading days. |
Weekly Trend | DKNG advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) ARKK(65%) PEJ(64%) IPO(62%) SKYY(62%) VFMO(62%) |
Factors Impacting DKNG price | DKNG will decline at least -1.535% in a week (0% probabilities). VXX(-51%) VIXM(-51%) TBT(-25%) UUP(-20%) USO(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.535% (StdDev 3.07%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|