Technical Analysis for DKNG - DraftKings Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Slingshot Bearish | Bearish Swing Setup | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Multiple of Ten Bullish | Other | 4.96% | |
| Gapped Down | Weakness | 4.96% | |
| Lower Bollinger Band Touch | Weakness | 4.96% | |
| Oversold Stochastic | Weakness | 4.96% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 5.58% | |
| Outside Day | Range Expansion | 5.58% | |
| Oversold Stochastic | Weakness | 5.58% | |
| Stochastic Buy Signal | Bullish | 4.66% |
| Alert | Time |
|---|---|
| Up 1 ATR | about 14 hours ago |
| 60 Minute Opening Range Breakout | about 16 hours ago |
| Up 3% | about 17 hours ago |
| Rose Above Previous Day's High | about 18 hours ago |
| Rose Above 10 DMA | about 18 hours ago |
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- Earnings date: 05/02/2024
DraftKings Inc. Description
DraftKings is a digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators across more than 15 regulated U.S. and global markets, including Arkansas and Oregon in the U.S. DraftKings’ Sportsbook offers mobile and retail betting for major U.S. and international sports and operates in the United States pursuant to regulations in Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL as well as an authorized gaming operator of the MLB and NBA.
Classification
Sector: Consumer Cyclical
Industry: Gambling
Keywords: Games IBD 50 Digital Media Gambling Online Gambling Gaming Sports Betting Nba Mlb National Basketball Association National Football League Nfl Daily Fantasy Sports Fanduel
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 49.57 |
| 52 Week Low | 21.07 |
| Average Volume | 11,142,483 |
| 200-Day Moving Average | 35.66 |
| 50-Day Moving Average | 43.52 |
| 20-Day Moving Average | 43.63 |
| 10-Day Moving Average | 42.00 |
| Average True Range | 1.86 |
| RSI (14) | 49.75 |
| ADX | 18.78 |
| +DI | 20.44 |
| -DI | 24.19 |
| Chandelier Exit (Long, 3 ATRs) | 43.98 |
| Chandelier Exit (Short, 3 ATRs) | 44.63 |
| Upper Bollinger Bands | 47.60 |
| Lower Bollinger Band | 39.67 |
| Percent B (%b) | 0.44 |
| BandWidth | 18.19 |
| MACD Line | -0.74 |
| MACD Signal Line | -0.43 |
| MACD Histogram | -0.3133 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 46.37 | ||||
| Resistance 3 (R3) | 46.03 | 44.61 | 45.83 | ||
| Resistance 2 (R2) | 44.61 | 43.78 | 44.78 | 45.65 | |
| Resistance 1 (R1) | 43.87 | 43.28 | 44.24 | 44.21 | 45.47 |
| Pivot Point | 42.45 | 42.45 | 42.64 | 42.62 | 42.45 |
| Support 1 (S1) | 41.71 | 41.62 | 42.08 | 42.05 | 40.79 |
| Support 2 (S2) | 40.29 | 41.12 | 40.46 | 40.61 | |
| Support 3 (S3) | 39.55 | 40.29 | 40.43 | ||
| Support 4 (S4) | 39.89 |
