Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
DraftKings Inc. - Class A (NASDAQ:DKNG)
Weak Uptrend (+65) - DKNG is showing signs of weakening momentum to the upside. Monitor DKNG as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for DKNG
The long-term trend has been UP since Aug 25th, 2021 at 58.320
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 58.540
The short-term trend has been UP since Oct 26th, 2021 at 49.905
Smart Scan Analysis for DKNG
Based on our trend formula, DKNG is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||74.38||52wk High Date||2021-03-22|
|52wk Low||34.9||52wk Low Date||2020-10-30|
|Average Volume||11,699,572||Shares Outstanding||796,312|