| DKNG latest price $30.6500 (-0.6%) ($30.6500 - $30.6500) on Wed. Sep. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 74 |
Latest Price | $30.6500(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.2% a day on average for past five trading days. |
Weekly Trend | DKNG advances 5.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) PEJ(66%) ARKK(65%) SKYY(62%) VFMO(62%) IPO(61%) |
Factors Impacting DKNG price | DKNG will decline at least -1.495% in a week (0% probabilities). VXX(-50%) VIXM(-50%) TBT(-24%) UUP(-19%) USO(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.495% (StdDev 2.99%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
| |
|
|