Technical Analysis for DKNG - DraftKings Inc.

Grade Last Price % Change Price Change
C 59.52 -3.86% -2.39
DKNG closed down 3.86 percent on Friday, March 5, 2021, on 1.65 times normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical DKNG trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Multiple of Ten Bearish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Stochastic Sell Signal Bearish -3.86%
Older End-of-Day Signals for DKNG ...

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

Alert Time
Down 10% about 13 hours ago
50 DMA Support about 13 hours ago
Fell Below Lower Bollinger Band about 13 hours ago
Lower Bollinger Band Support about 13 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
View Earlier Intraday Alerts

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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 Gaming Online Gambling Sports Betting National Football League Mlb National Basketball Association 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 72.16
52 Week Low 10.6
Average Volume 15,565,004
200-Day Moving Average 45.43
50-Day Moving Average 56.32
20-Day Moving Average 61.71
10-Day Moving Average 62.47
Average True Range 4.56
ADX 15.97
+DI 19.77
-DI 32.46
Chandelier Exit (Long, 3 ATRs ) 58.49
Chandelier Exit (Short, 3 ATRs ) 66.36
Upper Bollinger Band 67.60
Lower Bollinger Band 55.82
Percent B (%b) 0.31
BandWidth 19.08
MACD Line 1.88
MACD Signal Line 2.10
MACD Histogram -0.2237
Fundamentals Value
Market Cap 23.31 Billion
Num Shares 392 Million
EPS 0.05
Price-to-Earnings (P/E) Ratio 1288.31
Price-to-Sales 42.27
Price-to-Book 9.83
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 71.31
Resistance 3 (R3) 70.99 66.74 69.35
Resistance 2 (R2) 66.74 63.74 66.90 68.69
Resistance 1 (R1) 63.13 61.88 61.01 63.45 68.04
Pivot Point 58.88 58.88 57.82 59.04 58.88
Support 1 (S1) 55.27 55.88 53.14 55.59 51.00
Support 2 (S2) 51.02 54.02 51.18 50.35
Support 3 (S3) 47.41 51.02 49.69
Support 4 (S4) 47.73