Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, December 10, 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
42.500 43.270 41.660 41.685 -0.795
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since Nov 11th, 2024 at 42.31

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 39.35

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 43.08

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
42.500 43.270 41.660 41.685 -0.795
Prev. Close Volume Bid Ask Time
42.480 4835115 2024-12-10 15:59:59
52wk High49.5752wk High Date2024-03-27
52wk Low28.6952wk Low Date2024-08-05
Average Volume8,551,801Shares Outstanding880,642
Assets427,297,600MLiabilities319,686,000M
P/E Ratio-3.20990000
Get a free daily analysis and signals for DraftKings Inc. - Class A (DKNG) - Request Your Free Report.