Is DraftKings, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for DraftKings, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the daily moving averages also indicate a mildly bullish stance. However, the weekly KST is bullish, but the monthly KST is mildly bearish, which introduces some caution. Additionally, the Dow Theory shows a mixed signal with a mildly bearish weekly outlook and a mildly bullish monthly perspective.
In terms of performance, DraftKings has underperformed the S&P 500 over the past week and month, with returns of -5.60% and -5.25%, respectively, while the S&P 500 gained 1.05% and 2.33%. However, it has outperformed the S&P 500 year-to-date with a return of 16.40% compared to the S&P's 12.22%. Overall, the current technical stance is mildly bullish, but the mixed indicators suggest caution.