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Draftkings(DKNG)

$41.82-2.81%

Market is closed - opens 7 PM, 06 May 2024

Insights

  • Draftkings is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Draftkings stock suggests that it is range bound and no decision can be made based on this information
  • Based on analysis of the Moving Averages technical indicator, Draftkings stock is in a downtrend↘️
  • Based on analysis of the Pivot Points, the current market trend for Draftkings stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
50.3
Neutral
Stochastic
60.0, 46.42
Neutral
Ultimate Oscillator
51.88
Neutral
Stochastic Relative Strength Index
62.58, 59.76
Neutral
Moving Average Convergence Divergence
-0.56, -0.55
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
41.67
Sell
20
43.11
Sell
50
43.48
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
42.29
Sell
20
42.77
Buy
50
42.76
Buy

Volume Weighted Moving Average

Period (Days)

Value

Action

10
41.78
Neutral
20
43.2
Neutral
50
43.77
Neutral

Double Exponential Moving Average

Period (Days)

Value

Action

10
41.93
Sell
20
42.03
Sell
50
43.89
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
42.29
Buy
20
41.41
Sell
50
43.15
Sell

Pivot

Pivot

Value

Resistance L3
44.85
Resistance L2
43.92
Resistance L1
42.87
Pivot Point
41.94
Support L1
40.89
Support L2
39.96
Support L3
38.91

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.