Logo image of DKNG

DRAFTKINGS INC-CL A (DKNG) Stock Technical Analysis

NASDAQ:DKNG - Nasdaq - US26142V1052 - Common Stock - Currency: USD

38.57  +2.34 (+6.46%)

Technical Rating and Analysis

1

Overall DKNG gets a technical rating of 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
75% of all other stocks performed better in the past year than DKNG.
In the last month DKNG has a been trading in the 31.82 - 37.60 range, which is quite wide. It is currently trading near the high of this range.
DKNG has an average volume of 11365100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DKNG is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 41% of 135 stocks in the same industry.
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.
Volume is considerably higher in the last couple of days.
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

1

The technical rating of DKNG is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

31.34

38.96

We found 3 important support areas.

  • A support zone ranging from 35.99 to 36.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 33.52 to 34.13. 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 31.66 to 32.01. 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
CRS25.28
Mansfield-0.53
10 Day High37.6
10 Day Low32.31
20 Day High37.6
20 Day Low31.82
52 Week High53.61
52 Week Low28.69
Performance
1 Week5.78%
2 Weeks7.22%
1 Month4.32%
3 Month-14.31%
6 Month-9.72%
12 Month-16.27%
2 Year55.23%
3 Year167.38%
5 Year-8.74%
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)0.47
RSI(14)58.18
LBB32.36
UBB35.74
DRAFTKINGS INC-CL A / DKNG Daily stock chart

DRAFTKINGS INC-CL A

NASDAQ:DKNG (5/12/2025, 9:47:10 AM)

38.57

+2.34 (+6.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg6.46%
1 Week5.78%
2 Weeks7.22%
1 Month4.32%
3 Month-14.31%
6 Month-9.72%
12 Month-16.27%
2 Year55.23%
3 Year167.38%
5 Year-8.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%3.82%
ATR Inc59.65%
Range Today0.76
ADR(20)1.32
ADR(20)%3.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.28
Mansfield-0.53
10 Day High37.6
10 Day Low32.31
20 Day High37.6
20 Day Low31.82
52 Week High53.61
52 Week Low28.69
CS1 End34.13
CR1 Start36.24
Volume & EV
DER(3)0.52%
DER(5)1.1%
Volume359.10K
Volume Incr41.67%
Vol(5)15.43M
Vol(50)11.37M