| DKNG latest price $37.4300 (2.11%) ($36.1500 - $37.4300) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 39 |
Latest Price | $37.4300(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.8% a day on average for past five trading days. |
Weekly Trend | DKNG declines -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) QQQ(96%) GLD(91%) IVE(84%) DIA(81%) XAR(78%) |
Factors Impacting DKNG price | DKNG will decline at least -1.705% in a week (0% probabilities). VXX(-90%) VIXM(-77%) TLT(-37%) BNDX(-36%) JETS(-15%) |
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 | 3.4 () |
Intraday Trend | 0% |
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