DRAFTKINGS INC-CL A (DKNG)

US26142V1052 - Common Stock

43.13  +2.04 (+4.96%)

After market: 43.1 -0.03 (-0.07%)

Technical Rating and Analysis

6

Overall DKNG gets a technical rating of 6 out of 10. In the last year, DKNG was one of the better performers, but we do observe some doubts in the very recent evolution.

Looking at the yearly performance, DKNG did better than 94% of all other stocks. On top of that, DKNG also shows a nice and consistent pattern of rising prices.
DKNG is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. DKNG outperforms 90% of them.
DKNG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DKNG is performing more or less in line with the market.
DKNG has an average volume of 11190700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month DKNG has a been trading in the 39.04 - 47.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DKNG Weekly chart
DKNG Daily chart
Setup Rating and Analysis

3

DKNG has an average technical rating and it also 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

33.77

47.68

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 40.35 to 40.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @35.86 from a trend line in the weekly time frame.
  • Support @34.11 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 47.21 to 47.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS94.15
Mansfield1.24
10 Day High45.69
10 Day Low39.04
20 Day High47.74
20 Day Low39.04
52 Week High49.57
52 Week Low21.07
Performance
1 Week-1.32%
2 Weeks-9.57%
1 Month-9.39%
3 Month6.78%
6 Month54.24%
12 Month87.54%
2 Year200.37%
3 Year-27.48%
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)-0.52
RSI(14)40.01
LBB39.12
UBB46.96
DKNG Daily chart

DRAFTKINGS INC-CL A

NASDAQ:DKNG (4/26/2024, 3:22:26 PM)

After market: 43.1 -0.03 (-0.07%)

43.13

+2.04 (+4.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg4.96%
1 Week-1.32%
2 Weeks-9.57%
1 Month-9.39%
3 Month6.78%
6 Month54.24%
12 Month87.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.79
ATR(20)%4.34%
ATR Inc
Range Today2.15
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 High45.69
10 Day Low39.04
20 Day High47.74
20 Day Low39.04
52 Week High49.57
52 Week Low21.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.07M
Volume Incr-25.1%
Vol(5)8.27M
Vol(50)11.19M