DRAFTKINGS INC-CL A (DKNG) Stock Technical Analysis

USA • Nasdaq • NASDAQ:DKNG • US26142V1052

26.62 USD
+1.1 (+4.31%)
At close: Feb 6, 2026
26.67 USD
+0.05 (+0.19%)
After Hours: 2/6/2026, 9:29:26 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DKNG. DKNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

  • The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
  • When comparing the yearly performance of all stocks, DKNG is a bad performer in the overall market: 87% of all stocks are doing better.
  • DKNG is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 69% of 132 stocks in the same industry do better.
  • DKNG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
  • In the last month DKNG has a been trading in the 25.01 - 36.95 range, which is quite wide. It is currently trading near the lows of this range.
  • DKNG has an average volume of 12443300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
DRAFTKINGS INC-CL A / DKNG Weekly stock chart
DRAFTKINGS INC-CL A / DKNG Daily stock chart
Setup Rating and Analysis

3

The technical rating of DKNG is bad and it also does not present a 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

26.35

43.88

We can see 3 important resistance areas.

  • A resistance zone ranging from 32.07 to 32.24. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • A resistance zone ranging from 33.00 to 33.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @43.45 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DKNG is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for DKNG is down.
ChartMill Relative Strength13.68NEGATIVEDKNG has a low relative strength, it was outperformed by 86.32% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DKNG is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of DKNG is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DKNG is below a declining SMA(200).
Relative Strength Index/RSI (14)31.04NEUTRALThe RSI value for DKNG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.5NEGATIVEThe MACD value suggests DKNG has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.04OVERSOLDThe low Stochastics value suggests DKNG may be oversold.
Average True Range in percent/ATR (20)6.04HIGH VOLATILITYThe high ATR as a percentage value for DKNG suggests high volalility.
Average Directional Index/ADX (14)30.79POSITIVEThe high ADX value value for DKNG suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
DRAFTKINGS INC-CL A / DKNG Daily stock chart

DRAFTKINGS INC-CL A

NASDAQ:DKNG (2/6/2026, 9:29:26 PM)

After market: 26.67 +0.05 (+0.19%)

26.62

+1.1 (+4.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg4.31%
1 Week-3.24%
2 Weeks-11.18%
1 Month-26.01%
3 Month-12.43%
6 Month-37.92%
12 Month-37.04%
2 Year-38.55%
3 Year41.15%
5 Year-56.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%6.04%
ATR Inc30.86%
Range Today1.59
ADR(20)1.53
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.68
3 months CRS19.86
6 months CRS10.03
Mansfield-3.59
10 Day High31.1
10 Day Low25.01
20 Day High36.95
20 Day Low25.01
52 Week High53.61
52 Week Low25.01
CS1 EndN/A
CR1 Start32.07
Volume & EV
DER(3)-0.14%
DER(5)1.02%
Volume17.74M
Volume Incr19.01%
Vol(5)16.55M
Vol(50)12.44M

DRAFTKINGS INC-CL A / DKNG FAQ

What is the technical rating for DKNG stock?

ChartMill assigns a technical rating of 0 / 10 to DKNG.


What is the current trend direction of DRAFTKINGS INC-CL A (DKNG) stock?

The current trend direction for DRAFTKINGS INC-CL A (DKNG) is Bearish.


What is the RSI signal for DKNG stock?

DRAFTKINGS INC-CL A (DKNG) has an RSI value of 31.0404. This indicates that the stock is currently neutral.


What is the short term momentum for DRAFTKINGS INC-CL A (DKNG) stock?

The short term momentum for DRAFTKINGS INC-CL A (DKNG) is negative.


Can you provide the buy/sell signal for DRAFTKINGS INC-CL A?

The buy/sell signal for DRAFTKINGS INC-CL A (DKNG) is sell as both the short term and long term trends are negative.