Technical Analysis for DKNG - DraftKings Inc.

Grade Last Price % Change Price Change
B 40.68 -2.31% -0.96
DKNG closed down 2.31 percent on Friday, April 19, 2024, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 2
*** please verify all earnings dates ***
160 Watchers
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -2.31%
Below Lower BB Weakness -2.31%
Lower Bollinger Band Touch Weakness -2.31%
Oversold Stochastic Weakness -2.31%
20 DMA Resistance Bearish -3.62%

   Recent Intraday Alerts

Alert Time
Down 3% about 19 hours ago
Down 2 % about 21 hours ago
Down 1% about 22 hours ago
60 Minute Opening Range Breakdown about 22 hours ago
Fell Below Previous Day's Low about 22 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 IBD 50 Digital Media Gambling Online Gambling Gaming Sports Betting Nba 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

Indicators

Indicator Value
52 Week High 49.57
52 Week Low 20.26
Average Volume 11,680,412
200-Day Moving Average 35.33
50-Day Moving Average 43.71
20-Day Moving Average 44.99
10-Day Moving Average 43.89
Average True Range 1.93
RSI (14) 37.11
ADX 18.65
+DI 15.53
-DI 25.62
Chandelier Exit (Long, 3 ATRs) 43.79
Chandelier Exit (Short, 3 ATRs) 46.01
Upper Bollinger Bands 48.73
Lower Bollinger Band 41.25
Percent B (%b) -0.08
BandWidth 16.62
MACD Line -0.39
MACD Signal Line 0.26
MACD Histogram -0.6576
Fundamentals Value
Market Cap 18.97 Billion
Num Shares 466 Million
EPS -2.17
Price-to-Earnings (P/E) Ratio -18.75
Price-to-Sales 6.07
Price-to-Book 25.24
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.04
Resistance 3 (R3) 44.26 43.36 43.48
Resistance 2 (R2) 43.36 42.51 43.25 43.29
Resistance 1 (R1) 42.02 41.98 41.57 41.80 43.11
Pivot Point 41.12 41.12 40.90 41.01 41.12
Support 1 (S1) 39.78 40.27 39.33 39.56 38.25
Support 2 (S2) 38.88 39.74 38.77 38.07
Support 3 (S3) 37.54 38.88 37.88
Support 4 (S4) 37.32