DRAFTKINGS INC-CL A (DKNG)

US26142V1052 - Common Stock

43.55  -0.25 (-0.57%)

Premarket: 43.5 -0.05 (-0.11%)

Technical Rating and Analysis

8

Taking everything into account, DKNG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DKNG is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
DKNG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DKNG is lagging the market slightly.
In the last month DKNG has a been trading in the 35.10 - 44.48 range, which is quite wide. It is currently trading near the high of this range.
DKNG has an average volume of 9034580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DKNG outperforms 69% of them, which is more or less in line with the market.
DKNG is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 61% of 135 stocks in the same industry.
Weekly and Daily overview Charts
DKNG Weekly chart
DKNG Daily chart
Setup Rating and Analysis

3

Although DKNG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

33.38

43.99

4 important support areas can be observed.

  • A support zone ranging from 41.48 to 42.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 38.80 to 39.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 36.76 to 37.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @33.72 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.87
Mansfield-0.11
10 Day High44.48
10 Day Low38.1
20 Day High44.48
20 Day Low35.1
52 Week High49.57
52 Week Low28.69
Performance
1 Week5.86%
2 Weeks11.72%
1 Month18.41%
3 Month19.74%
6 Month6.71%
12 Month12.53%
2 Year184.27%
3 Year26.05%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.49
RSI(14)65.45
LBB35.69
UBB45.77
DKNG Daily chart

DRAFTKINGS INC-CL A

NASDAQ:DKNG (11/21/2024, 8:22:49 PM)

Premarket: 43.5 -0.05 (-0.11%)

43.55

-0.25 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.57%
1 Week5.86%
2 Weeks11.72%
1 Month18.41%
3 Month19.74%
6 Month6.71%
12 Month12.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.79
ATR(20)%3.63%
ATR Inc
Range Today1.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.48
10 Day Low38.1
20 Day High44.48
20 Day Low35.1
52 Week High49.57
52 Week Low28.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.11M
Volume Incr-11.86%
Vol(5)8.93M
Vol(50)9.03M