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Stock Trend Analysis Report

Prepared for you on Monday, April 19, 2021.

DraftKings Inc. - Class A (NASDAQ:DKNG)

Crossroads (-60) - DKNG is struggling to move into a solid trend. Beware of choppy markets 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
57.00 58.77 55.64 56.71 -1.27
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since May 6th, 2020 at 22.50

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2021 at 59.60

short term down The short-term trend has been DOWN since Apr 8th, 2021 at 61.83

Smart Scan Analysis for DKNG

Based on our trend formula, DKNG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.00 58.77 55.64 56.71 -1.27
Prev. Close Volume Bid Ask Time
57.98 15442685 2021-04-19 15:59:52
52wk High74.3852wk High Date2021-03-22
52wk Low15.821752wk Low Date2020-04-17
Average Volume14,646,597Shares Outstanding790,714
Assets343,932,900MLiabilities742,540,000M
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