DRAFTKINGS INC-CL A (DKNG)
US26142V1052 - Common Stock
We assign a technical rating of 3 out of 10 to DKNG. DKNG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month DKNG has a been trading in the 38.25 - 45.87 range, which is quite wide. It is currently trading near the lows of this range.
DKNG has an average volume of 8888200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, DKNG turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
DKNG is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, DKNG did better than 56% of them.
DKNG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DKNG is lagging the market slightly.
DKNG has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
33.33
46.61
We found 4 important support areas.
- A support zone ranging from 38.68 to 38.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.71 from a trend line in the daily time frame.
- A support zone ranging from 35.31 to 35.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 44.27 to 44.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.15 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.86
Mansfield-0.71
10 Day High43.9
10 Day Low38.25
20 Day High45.87
20 Day Low38.25
52 Week High49.57
52 Week Low28.69
Performance
1 Week1.18%
2 Weeks-8.83%
1 Month-7.35%
3 Month2.72%
6 Month-3.91%
12 Month12.96%
2 Year254.26%
3 Year46.89%
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)-0.54
RSI(14)46.32
LBB37.61
UBB45.74
DRAFTKINGS INC-CL A
NASDAQ:DKNG (12/23/2024, 10:20:08 AM)
40.3
-0.05 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.12%
1 Week1.18%
2 Weeks-8.83%
1 Month-7.35%
3 Month2.72%
6 Month-3.91%
12 Month12.96%
2 Year254.26%
3 Year46.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.73
ATR(20)%3.75%
ATR Inc-8.91%
Range Today0
ADR(20)1.49
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.86
Mansfield-0.71
10 Day High43.9
10 Day Low38.25
20 Day High45.87
20 Day Low38.25
52 Week High49.57
52 Week Low28.69
CS1 End38.81
CR1 Start44.27
Volume & EV
DER(3)-2.18%
DER(5)0.84%
Volume115
Volume Incr38.9%
Vol(5)10.54M
Vol(50)8.89M