| DKNG latest price $34.7950 (-3.43%) ($34.7950 - $34.7950) on Thu. Nov. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 73 |
Latest Price | $34.7950(-3.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 3.5% a day on average for past five trading days. |
Weekly Trend | DKNG advances 14.5% 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) IVW(62%) SPY(62%) PEJ(59%) IVE(57%) ARKK(56%) |
Factors Impacting DKNG price | DKNG will decline at least -1.76% in a week (0% probabilities). VXX(-40%) VIXM(-34%) UUP(-17%) TBT(-12%) URA(-4%) |
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 | -1.76% (StdDev 3.52%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
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