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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DKNG
The long-term trend has been UP since Nov 11th, 2024 at 42.31
The intermediate-term trend has been UP since Nov 7th, 2024 at 39.35
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).
| 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 High | 49.57 | 52wk High Date | 2024-03-27 |
| 52wk Low | 28.69 | 52wk Low Date | 2024-08-05 |
| Average Volume | 8,551,801 | Shares Outstanding | 880,642 |
| Assets | 427,297,600M | Liabilities | 319,686,000M |
| P/E Ratio | -3.20990000 |