
Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
DraftKings Inc. - Class A (NASDAQ:DKNG)
Long-Term Uptrend (+90) - DKNG is in a strong uptrend that is likely to continue. While DKNG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DKNG
The long-term trend has been UP since Feb 2nd, 2023 at 17.250
The intermediate-term trend has been UP since Apr 17th, 2023 at 19.570
The short-term trend has been UP since Jun 1st, 2023 at 24.218
Smart Scan Analysis for DKNG
Based on our trend formula, DKNG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
25.040 | 26.310 | 25.010 | 25.985 | +0.685 |
Prev. Close | Volume | Bid | Ask | Time |
25.980 | 9842392 | 2023-06-06 15:59:53 |
52wk High | 26.405 | 52wk High Date | 2023-05-22 |
52wk Low | 10.515 | 52wk Low Date | 2022-06-16 |
Average Volume | 13,036,013 | Shares Outstanding | 854,880 |
Assets | 373,927,400M | Liabilities | 272,149,400M |
P/E Ratio | -3.20990000 |