| DKNG latest price $37.2500 (1.69%) ($37.2500 - $37.2500) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 88 |
Latest Price | $37.2500(1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | DKNG advances 13.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IVE(69%) SPLV(63%) VFMO(63%) DIA(62%) VT(62%) |
Factors Impacting DKNG price | DKNG will decline at least -1.705% in a week (0% probabilities). VXX(-69%) VIXM(-43%) TBT(-17%) UUP(-13%) BNDX(-6%) |
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 | -1.705% (StdDev 3.41%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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