| DKNG latest price $38.9800 (2.03%) ($38.9800 - $38.9800) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 81 |
Latest Price | $38.9800(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IVE(80%) QQQ(74%) EWJ(72%) SPLV(72%) XAR(72%) |
Factors Impacting DKNG price | DKNG will decline at least -1.7% in a week (0% probabilities). VIXM(-63%) VXX(-62%) BNDX(-30%) TLT(-15%) TIP(-8%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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