| DKNG latest price $29.5450 (2.18%) ($29.5450 - $29.5450) on Fri. Sep. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 36 |
Latest Price | $29.5450(2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.3% a day on average for past five trading days. |
Weekly Trend | DKNG declines -4.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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) PEJ(69%) ARKK(67%) VFMO(64%) BOTZ(63%) IPO(63%) |
Factors Impacting DKNG price | DKNG will decline at least -1.51% in a week (0% probabilities). VXX(-52%) VIXM(-52%) TBT(-24%) UUP(-20%) USO(-17%) |
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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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