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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

DraftKings Inc. - Class A (NASDAQ:DKNG)

Strong Uptrend (+100) - DKNG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKNG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
41.950 43.300 41.760 43.195 +0.845
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 up The short-term trend has been UP since Nov 19th, 2024 at 42.49

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).

+100
Smart Scan Analysis for DKNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.950 43.300 41.760 43.195 +0.845
Prev. Close Volume Bid Ask Time
43.210 7139001 2024-11-19 15:59:28
52wk High49.5752wk High Date2024-03-27
52wk Low28.6952wk Low Date2024-08-05
Average Volume10,355,816Shares Outstanding880,642
Assets427,297,600MLiabilities319,686,000M
P/E Ratio-3.20990000
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