tiprankstipranks
DraftKings (DKNG)
NASDAQ:DKNG

DraftKings (DKNG) Technical Analysis

10,745 Followers

Technical Sentiment

Overall Consensus
Sell
6Bullish
2Neutral
14Bearish
Technical Analysis Consensus
Buy
6Bullish
2Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
DraftKings’s (DKNG) Moving Averages Convergence Divergence (MACD) indicator is -1.50, suggesting DraftKings is a Buy.
DraftKings’s (DKNG) 20-Day exponential moving average is 41.22, while DraftKings’s (DKNG) share price is $35.07, making it a Sell.
DraftKings’s (DKNG) 50-Day exponential moving average is 42.19, while DraftKings’s (DKNG) share price is $35.07, making it a Sell.

DraftKings (DKNG) Pivot Points

May 31, 2024, 10:45 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
34.14
34.95
35.45
36.26
36.76
37.57
38.07
Fibonacci
34.95
35.45
35.76
36.26
36.76
37.07
37.57
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

DraftKings (DKNG) Moving Averages

May 31, 2024, 10:45 AM
Period
Simple
Exponential
MA5
37.96Sell
37.77Sell
MA10
40.90Sell
39.69Sell
MA20
42.24Sell
41.22Sell
MA50
43.44Sell
42.19Sell
MA100
41.95Sell
41.13Sell
MA200
36.98Sell
37.10Sell
DraftKings’s (DKNG) 10-Day exponential moving average is 39.69, while DraftKings’s (DKNG) share price is $35.07, making it a Sell.
DraftKings’s (DKNG) 100-Day exponential moving average is 41.13, while DraftKings’s (DKNG) share price is $35.07, making it a Sell.
DraftKings’s (DKNG) stock price is $35.07 and DraftKings’s (DKNG) 50-day simple moving average is 43.44, creating a Sell signal.
DraftKings’s (DKNG) stock price is $35.07 and DraftKings’s (DKNG) 100-day simple moving average is 41.95, creating a Sell signal.
DraftKings’s (DKNG) stock price is $35.07 and DraftKings’s (DKNG) 200-day simple moving average is 36.98, creating a Sell signal.

DraftKings (DKNG) Technical Indicators

May 31, 2024, 10:45 AM
Name
Value
Implied Action
RSI (14)
29.08
Buy
STOCH (9,6)
8.20
Buy
STOCHRSI (14)
8.00
Buy
MACD (12,26)
-1.50
Buy
ADX (14)
23.83
Neutral
Williams %R
-94.58
Buy
CCI (14)
-205.18
Buy
ATR (14)
1.87
-
Ultimate Oscillator
31.60
Neutral
ROC
-18.65
Sell
DraftKings’s (DKNG) Relative Strength Index (RSI) is 29.08, creating a Buy signal.
DraftKings’s (DKNG) Trend Strength Indicator (ADX) is 23.83, creating a Neutral signal.
DraftKings’s (DKNG) Commodity Channel Index (CCI) is -205.18, creating a Buy signal.
DraftKings’s (DKNG) Price Rate of Change (ROC) is -18.65, creating a Sell signal.

FAQ

Is DKNG a Buy, Hold, or Sell?
Based on DKNG’s technical indicators, DKNG is a Sell.
    What is DKNG’s RSI (14)?
    DKNG’s RSI (14) is 29.08, which suggests DKNG is a Buy.
      What is DKNG’s MACD?
      DKNG’s MACD is -1.50, which suggests DKNG is a Buy.
        What is DKNG’s 5-day moving average?
        DKNG’s 5-day moving average is 37.96, which suggests DKNG is a Sell.
          What is DKNG’s 20-day moving average?
          DKNG 20-day moving average is 42.24, which suggests DKNG is a Sell.
            What is DKNG’s 50-day moving average?
            DKNG’s 50-day moving average is 43.44, which suggests DKNG is a Sell.
              What is DKNG’s 200-day moving average?
              DKNG’s 200-day moving average is 36.98, which suggests DKNG is a Sell.
                What is DKNG’s Williams % R (14)?
                DKNG’s Williams % R (14) is -94.58, which suggests DKNG is a Buy.
                  What is DKNG’s CCI (14)?
                  DKNG’s CCI (14) is -205.18, which suggests DKNG is a Buy.
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis