Momentum signal
81%
Odds of DOWN TrendPrice: $46.32
Daily change: -$0.24 (-0.52%)
Daily volume: 7.8M
Capitalization: $23B
Industry: Casinos/Gaming
This indicator may be signaling that DKNG's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 86 similar cases where DKNG's Momentum Indicator fell below the 0 level, and 70 of them led to a successful outcome. Odds of Success: 81%.