Is DraftKings, Inc. technically bullish or bearish?

Jun 25 2025 09:17 AM IST
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As of June 20, 2025, DraftKings, Inc. shows a mildly bullish trend according to the weekly MACD and Dow Theory, although daily moving averages present some caution.
As of 20 June 2025, the technical trend for DraftKings, Inc. has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by the Dow Theory which also shows a mildly bullish trend. The Bollinger Bands are bullish on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which introduces some caution. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Dow Theory indicators, despite some mixed signals from other metrics.
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