Technical Analysis for DKNG - DraftKings Inc.

Grade Last Price % Change Price Change
D 12.48 -1.03% -0.13
DKNG closed down 1.03 percent on Monday, May 16, 2022, on 1.16 times normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Slingshot Bearish Bearish Swing Setup -1.03%
NR7 Range Contraction -1.03%
Lower Bollinger Band Walk Weakness -1.03%
Wide Bands Range Expansion -1.03%
Oversold Stochastic Weakness -1.03%
Bullish Engulfing Bullish 9.76%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 5 hours ago
Possible NR7 about 7 hours ago
10 DMA Resistance about 10 hours ago
2x Volume Pace about 11 hours ago
1.5x Volume Pace about 11 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: Financial Services
Industry: Shell Companies
Keywords: Games Digital Media Gambling Nba Online Gambling Gaming Sports Betting Mlb National Basketball Association National Football League Nfl Digital Sports Entertainment

Is DKNG a Buy, Sell or Hold?

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

Indicators

Indicator Value
52 Week High 64.58
52 Week Low 9.77
Average Volume 23,960,220
200-Day Moving Average 33.33
50-Day Moving Average 16.29
20-Day Moving Average 13.68
10-Day Moving Average 12.75
Average True Range 1.43
RSI 41.52
ADX 28.59
+DI 17.01
-DI 27.21
Chandelier Exit (Long, 3 ATRs) 12.92
Chandelier Exit (Short, 3 ATRs) 14.05
Upper Bollinger Bands 17.04
Lower Bollinger Band 10.32
Percent B (%b) 0.32
BandWidth 49.17
MACD Line -1.43
MACD Signal Line -1.39
MACD Histogram -0.0416
Fundamentals Value
Market Cap 4.89 Billion
Num Shares 392 Million
EPS 0.05
Price-to-Earnings (P/E) Ratio 270.13
Price-to-Sales 42.27
Price-to-Book 9.83
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.08
Resistance 3 (R3) 14.23 13.85 13.81
Resistance 2 (R2) 13.85 13.44 13.77 13.72
Resistance 1 (R1) 13.16 13.19 12.97 13.01 13.63
Pivot Point 12.78 12.78 12.69 12.71 12.78
Support 1 (S1) 12.10 12.37 11.91 11.95 11.33
Support 2 (S2) 11.72 12.12 11.64 11.24
Support 3 (S3) 11.03 11.72 11.15
Support 4 (S4) 10.88