DKNG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Draftkings Inc (DKNG) Moving Averages Convergence Divergence (MACD) indicator is 0.348, suggesting DKNG is Buy.

Draftkings Inc (DKNG) 20-Day simple moving average is 23.408, while Draftkings Inc (DKNG) share price is $25.52, making it Buy.

Draftkings Inc (DKNG) 60-Day simple moving average is 23.476, while Draftkings Inc (DKNG) share price is $25.52, making it Buy.

Technical Analysis for DKNG

Technical Sentiment Analysis for Draftkings Inc (DKNG) As of 2026-05-08, Draftkings Inc (DKNG) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 7 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DKNG stands at 64.894, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.348, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.163 and the Commodity Channel Index (CCI) at 297.134 further confirm a 2.34 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, DKNG is trading below its 60-day moving average of $23.476 and below its 200-day long-term moving average of $32.667. Key price levels to watch include the immediate resistance at $26.459 and strong support at $22.049. A break above $26.459 could signal a bull continuation, while falling below $22.049 may test the next Fibonacci floor at $20.22.

Draftkings Inc (DKNG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	17.639	20.22	22.049	24.63	26.459	29.04	30.869
Fibonacci	20.22	21.904	22.945	24.63	26.314	27.355	29.04

Draftkings Inc (DKNG) Technical Indicators

2026-05-08

Name	Value
RSI_14	64.894
STOCHk_14_3_3	79.163
STOCHd_14_3_3	82.14
CCI_20	297.134
AO_5_34	1.48
MOM_10	2.34
MACD_12_26_9	0.348

Draftkings Inc (DKNG) Relative Strength Index (RSI) is 64.894, creating a Neutral signal.

Draftkings Inc (DKNG) Stochastic Oscillator is 79.163, creating a Neutral signal.

Draftkings Inc (DKNG) Stochastic RSI is 82.14, creating a Sell signal.

Draftkings Inc (DKNG) Commodity Channel Index (CCI) is 297.134, creating a Sell signal.

Draftkings Inc (DKNG) Awesome Oscillator is 1.48, creating a Buy signal.

Draftkings Inc (DKNG) Momentum is 2.34, creating a Buy signal.

Draftkings Inc (DKNG) MACD is 0.348, creating a Buy signal.

Draftkings Inc (DKNG) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	24.48	Buy
MA_10	23.879	Buy
MA_20	23.408	Buy
MA_60	23.476	Buy
MA_200	32.667	Sell
MA_250	34.004	Sell

Draftkings Inc (DKNG) 5-Day simple moving average is 24.48, while Draftkings Inc (DKNG) share price is $25.52, making it a Buy.

Draftkings Inc (DKNG) 10-Day simple moving average is 23.879, while Draftkings Inc (DKNG) share price is $25.52, making it a Buy.

Draftkings Inc (DKNG) 20-Day simple moving average is 23.408, while Draftkings Inc (DKNG) share price is $25.52, making it a Buy.

Draftkings Inc (DKNG) 60-Day simple moving average is 23.476, while Draftkings Inc (DKNG) share price is $25.52, making it a Buy.

Draftkings Inc (DKNG) 200-Day simple moving average is 32.667, while Draftkings Inc (DKNG) share price is $25.52, making it a Sell.

Draftkings Inc (DKNG) 250-Day simple moving average is 34.004, while Draftkings Inc (DKNG) share price is $25.52, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for DKNG?

The overall technical consensus for Draftkings Inc (DKNG) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 2 sell signals.

What are the key support and resistance levels for Draftkings Inc (DKNG) today?

Based on pivot point calculations, Draftkings Inc (DKNG) has an immediate support level at 22.049 and a major resistance level at 26.459. Traders also monitor the pivot point at 24.63 to determine the intraday trend direction.

Is Draftkings Inc (DKNG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Draftkings Inc (DKNG) is currently 64.894. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Draftkings Inc (DKNG)?

Draftkings Inc (DKNG) Moving Averages Convergence Divergence (MACD) indicator is 0.348, suggesting DKNG is Buy. This indicator helps identify potential trend reversals or momentum shifts for Draftkings Inc.

How is Draftkings Inc (DKNG) performing relative to its 200-day moving average?

Draftkings Inc (DKNG) is currently trading at $25.52, which is below its 200-day simple moving average of 32.667. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.