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DRAFTKINGS INC-CL A (DKNG) Stock Technical Analysis

USA - NASDAQ:DKNG - US26142V1052 - Common Stock

30.59 USD
+0.45 (+1.49%)
Last: 10/31/2025, 8:00:01 PM
30.64 USD
+0.05 (+0.16%)
After Hours: 10/31/2025, 8:00:01 PM
Technical Rating and Analysis

0

Overall DKNG gets a technical rating of 0 out of 10. 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.
90% of all other stocks performed better in the past year than DKNG.
DKNG is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry, of which 64% are performing better than DKNG.
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 29.78 - 36.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
DKNG has an average volume of 14316100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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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.

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Support and Resistance Analysis

30.28

46.92

When analyzing the resistance we notice 4 important areas.

  • Resistance @34.71 from a horizontal line in the daily time frame.
  • Resistance @35.88 from a trend line in the daily time frame.
  • Resistance @42.73 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 46.21 to 46.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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 Strength10.47NEGATIVEDKNG has a low relative strength, it was outperformed by 89.53% 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)29.31OVERSOLDThe low RSI value suggests DKNG may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.06NEGATIVEThe MACD value suggests DKNG has a negative trend, although the MACD value is rising.
Stochastics (14,3)9.72OVERSOLDThe low Stochastics value suggests DKNG may be oversold.
Average True Range in percent/ATR (20)4.9MEDIUM VOLATILITYThe ATR as a percentage value for DKNG suggests some volalility.
Average Directional Index/ADX (14)38.69POSITIVEThe 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)

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DRAFTKINGS INC-CL A / DKNG Daily stock chart

DRAFTKINGS INC-CL A

NASDAQ:DKNG (10/31/2025, 8:00:01 PM)

After market: 30.64 +0.05 (+0.16%)

30.59

+0.45 (+1.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.49%
1 Week-7.3%
2 Weeks-10.29%
1 Month-13.51%
3 Month-30.05%
6 Month-10.69%
12 Month-14.29%
2 Year10.75%
3 Year93.61%
5 Year-13.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%4.9%
ATR Inc-42.06%
Range Today0.82
ADR(20)1.41
ADR(20)%4.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.47
3 months CRS4.93
6 months CRS15.43
Mansfield-3.19
10 Day High35.26
10 Day Low29.78
20 Day High36.34
20 Day Low29.78
52 Week High53.61
52 Week Low29.64
CS1 EndN/A
CR1 Start34.71
Volume & EV
DER(3)0.93%
DER(5)0.61%
Volume15.36M
Volume Incr-4.86%
Vol(5)20.08M
Vol(50)14.32M

DRAFTKINGS INC-CL A / DKNG FAQ

What is the technical rating for DKNG stock?

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


Can you provide the trend direction for DRAFTKINGS INC-CL A?

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 29.3127. This indicates that the stock is currently oversold.


What is the buy/sell signal for DRAFTKINGS INC-CL A (DKNG) stock?

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


What are the support and resistance levels for DRAFTKINGS INC-CL A (DKNG) stock?

DRAFTKINGS INC-CL A (DKNG) has a resistance level at 34.71. Check the full technical report for our detailed analysis of DKNG support and resistance levels.