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Stock Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

DraftKings Inc. - Class A (NASDAQ:DKNG)

Weak Downtrend (-65) - DKNG is showing signs of a strengthening downtrend. Monitor DKNG as it may be building momentum to the downside.

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
40.500 40.690 38.850 39.539 -0.151
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since May 6th, 2020 at 22.500

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2020 at 47.101

short term down The short-term trend has been DOWN since Oct 6th, 2020 at 58.600

Smart Scan Analysis for DKNG

Based on our trend formula, DKNG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.500 40.690 38.850 39.539 -0.151
Prev. Close Volume Bid Ask Time
48.210 8491598 2020-10-27 10:24:30
52wk High49.8852wk High Date2020-09-15
52wk Low9.8452wk Low Date2019-09-20
Average Volume18,621,078Shares Outstanding748,569
Assets251,613,700MLiabilities324,849,000M
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