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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
DraftKings Inc. - Class A (NASDAQ:DKNG)
Strong Downtrend (-100) - DKNG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKNG continues to fall. Traders should use caution and set stops.
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 DOWN since May 28th, 2024 at 38.72
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 36.81
The short-term trend has been DOWN since Jul 18th, 2024 at 37.83
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.42 | 36.84 | 36.07 | 36.32 | +0.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.78 | 4177881 | 2024-07-26 15:59:43 |
| 52wk High | 49.57 | 52wk High Date | 2024-03-27 |
| 52wk Low | 25.41 | 52wk Low Date | 2023-08-18 |
| Average Volume | 7,547,280 | Shares Outstanding | 869,238 |
| Assets | 380,065,300M | Liabilities | 296,967,400M |
| P/E Ratio | -3.20990000 |