| DKNG latest price $36.1700 (-3.37%) ($35.9900 - $36.1700) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 34 |
Latest Price | $36.1700(-3.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 0.4% a day on average for past five trading days. |
Weekly Trend | DKNG declines -2.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) XAR(90%) IVE(87%) DIA(86%) SPLV(86%) XLV(86%) |
Factors Impacting DKNG price | DKNG will decline at least -1.715% in a week (0% probabilities). VIXM(-75%) BNDX(-40%) TIP(-26%) BND(-26%) VCIT(-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 | -1.715% (StdDev 3.43%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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