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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.

NASDAQ_DKNG
Open High Low DKNG Price Change
49.5200 50.4800 48.3900 48.7413 +1.9213
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since Aug 25th, 2021 at 58.320

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 58.540

short term up 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).

+65
Smart Scan Analysis for DKNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.5200 50.4800 48.3900 48.7413 +1.9213
Prev. Close Volume Bid Ask Time
48.7500 25556398 2021-10-26 15:59:59
52wk High74.3852wk High Date2021-03-22
52wk Low34.952wk Low Date2020-10-30
Average Volume11,699,572Shares Outstanding796,312
Assets435,885,600MLiabilities215,350,400M
P/E Ratio-20.529
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