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Stock Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
DraftKings Inc. - Class A (NASDAQ:DKNG)
Countertrend Up (+85) - DKNG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 11th, 2024 at 42.31
The intermediate-term trend has been UP since Jan 14th, 2025 at 40.39
The short-term trend has been DOWN since Feb 3rd, 2025 at 41.20
Smart Scan Analysis for DKNG
Based on our trend formula, DKNG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.40 | 41.82 | 39.76 | 41.80 | +0.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.39 | 10970456 | 2025-02-04 15:59:31 |
| 52wk High | 49.57 | 52wk High Date | 2024-03-27 |
| 52wk Low | 28.69 | 52wk Low Date | 2024-08-05 |
| Average Volume | 7,518,448 | Shares Outstanding | 487,628 |
| Assets | 427,297,600M | Liabilities | 319,686,000M |
| P/E Ratio | -3.20990000 |