Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

DraftKings Inc. - Class A (NASDAQ:DKNG)

Sidelines Mode (+55) - DKNG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
44.640 45.045 44.070 44.210 -1.230
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since Feb 2nd, 2023 at 17.2500

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2024 at 36.3200

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 45.0532

Smart Scan Analysis for DKNG

Based on our trend formula, DKNG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DKNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.640 45.045 44.070 44.210 -1.230
Prev. Close Volume Bid Ask Time
44.220 5616028 2024-04-12 15:59:42
52wk High49.5752wk High Date2024-03-27
52wk Low18.6352wk Low Date2023-04-14
Average Volume11,201,077Shares Outstanding859,256
Assets394,486,600MLiabilities310,456,000M
P/E Ratio-3.20990000
Get a free daily analysis and signals for DraftKings Inc. - Class A (DKNG) - Request Your Free Report.