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.
MarketClub’s Trade Triangles for DKNG
The long-term trend has been UP since Aug 3rd, 2022 at 15.88
The intermediate-term trend has been UP since Jul 20th, 2022 at 14.38
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).
|52wk High||64.58||52wk High Date||2021-09-08|
|52wk Low||9.77||52wk Low Date||2022-05-12|
|Average Volume||20,584,809||Shares Outstanding||408,670|