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Stock Trend Analysis Report

Prepared for you on Monday, July 6, 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
33.73 33.98 32.16 32.43 -0.63
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 Jun 25th, 2020 at 35.25

short term down The short-term trend has been DOWN since Jun 22nd, 2020 at 38.50

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
33.73 33.98 32.16 32.43 -0.63
Prev. Close Volume Bid Ask Time
36.28 9617226 2020-07-06 15:59:57
52wk High44.7952wk High Date2020-06-02
52wk Low9.7652wk Low Date2019-08-09
Average Volume14,077,085Shares Outstanding705,519
Assets405,253,325MLiabilities15,495,374M
P/E Ratio329.8
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