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DraftKings Inc.

DKNG•NASDAQ
Consumer Cyclical
Gambling, Resorts & Casinos
$23.00
$-0.16(-0.69%)
U.S. Market is Open • 12:51

DraftKings Inc. (DKNG) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for DraftKings Inc. (NASDAQ:DKNG).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DKNG Technical Analysis Summary

DraftKings Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.72)
Trend Strength:Moderate (ADX: 27.73)
Volatility:Medium (ATR: 1.14)
Support/Resistance:$20.20 – $27.07 (Bollinger Bands)

This mix signals that DraftKings Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 39.82

Bearish
Momentum remains weak below midpoint.

Williams %R: -56.74

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -8.03

Strongly Bearish
Sharp downside momentum.

Takeaway:DraftKings Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.91

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.73

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.14

Low
Low volatility, stable price action.

CCI (14): -4.84

Neutral
Neutral, no strong directional signal.

Takeaway:DraftKings Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.07
Middle Band (SMA 20)
$23.64
Lower Band
$20.20
Current Position
Within Bands

Takeaway:DraftKings Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$25.48
Middle Line (EMA 20)
$23.20
Lower Channel
$20.92
Squeeze Status
No Squeeze

Takeaway:DraftKings Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-131.35M
Money Flow Index53.54Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.61Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DKNG shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of DraftKings Inc., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:DraftKings Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ