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Stock Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

DraftKings Inc. - Class A (NASDAQ:DKNG)

Strong Uptrend (+100) - DKNG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKNG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid DKNG?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKNG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DKNG
Open High Low DKNG Price Change
18.74 19.38 18.19 19.37 +1.48
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since Aug 3rd, 2022 at 15.88

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2022 at 14.38

short term up The short-term trend has been UP since Jul 28th, 2022 at 13.72

Smart Scan Analysis for DKNG

Based on our trend formula, DKNG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for DKNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.74 19.38 18.19 19.37 +1.48
Prev. Close Volume Bid Ask Time
19.35 23608267 2022-08-10 15:59:56
52wk High64.5852wk High Date2021-09-08
52wk Low9.7752wk Low Date2022-05-12
Average Volume20,584,809Shares Outstanding408,670
Assets374,631,500MLiabilities236,071,500M
P/E Ratio-3.20990000
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