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Stock Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
49.200 49.905 48.760 48.935 -0.155
Entry Signal

MarketClub’s Trade Triangles for DKNG

long term up The long-term trend has been UP since Aug 25th, 2021 at 58.32

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 58.54

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 48.77

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
49.200 49.905 48.760 48.935 -0.155
Prev. Close Volume Bid Ask Time
48.920 7017757 2021-10-21 15:59:46
52wk High74.3852wk High Date2021-03-22
52wk Low34.952wk Low Date2020-10-30
Average Volume11,856,239Shares Outstanding796,312
Assets435,885,600MLiabilities215,350,400M
P/E Ratio-20.529
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