Technical Analysis for DKNG - DraftKings Inc.

Grade Last Price % Change Price Change
C 41.11 0.32% 0.13
DKNG closed down 1.28 percent on Wednesday, January 22, 2025, on 69 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: Feb 13
*** please verify all earnings dates ***
59 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.32%
NR7 Range Contraction 0.32%
Upper Bollinger Band Touch Strength 0.32%
Crossed Above 50 DMA Bullish -0.96%
180 Bullish Setup Bullish Swing Setup -0.96%
Multiple of Ten Bullish Other -0.96%
Above Upper BB Strength -0.96%
Gapped Up Strength -0.96%
Upper Bollinger Band Touch Strength -0.96%
NR7 Range Contraction 4.63%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 1 hour ago
50 DMA Support about 2 hours ago
Down 1% about 2 hours ago
Fell Below 50 DMA about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago

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Profile

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 Digital Media Gambling Gaming Online Gambling Nba Sports Betting Mlb National Basketball Association National Football League Nfl Daily Fantasy Sports Fanduel

Is DKNG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 49.57
52 Week Low 28.69
Average Volume 8,808,894
200-Day Moving Average 38.97
50-Day Moving Average 40.74
20-Day Moving Average 38.71
10-Day Moving Average 39.52
Average True Range 1.59
RSI (14) 56.90
ADX 15.5
+DI 21.93
-DI 12.71
Chandelier Exit (Long, 3 ATRs) 37.38
Chandelier Exit (Short, 3 ATRs) 40.74
Upper Bollinger Bands 41.45
Lower Bollinger Band 35.96
Percent B (%b) 0.91
BandWidth 14.19
MACD Line 0.06
MACD Signal Line -0.37
MACD Histogram 0.4348
Fundamentals Value
Market Cap 19.98 Billion
Num Shares 488 Million
EPS -0.86
Price-to-Earnings (P/E) Ratio -47.65
Price-to-Sales 4.20
Price-to-Book 17.98
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.81
Resistance 3 (R3) 43.00 42.58 42.51
Resistance 2 (R2) 42.58 42.11 42.49 42.40
Resistance 1 (R1) 41.78 41.83 41.57 41.59 42.30
Pivot Point 41.36 41.36 41.26 41.27 41.36
Support 1 (S1) 40.56 40.89 40.35 40.37 39.66
Support 2 (S2) 40.14 40.61 40.05 39.56
Support 3 (S3) 39.34 40.14 39.46
Support 4 (S4) 39.15