| DKNG latest price $38.6350 (0.8%) ($38.6350 - $38.6350) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 88 |
Latest Price | $38.6350(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.7% a day on average for past five trading days. |
Weekly Trend | DKNG advances 10.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IVW(94%) SPY(84%) EWJ(76%) SMH(71%) IVE(69%) |
Factors Impacting DKNG price | DKNG will decline at least -1.695% in a week (0% probabilities). VXX(-48%) VIXM(-42%) BNDX(-15%) UUP(-13%) TBT(-1%) |
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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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