Is DraftKings, Inc. technically bullish or bearish?

Oct 05 2025 12:02 PM IST
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As of October 3, 2025, DraftKings, Inc. has shifted to a mildly bearish trend, indicated by negative MACD readings and underperformance against the S&P 500, with a 1-week return of -16.42% and a 1-month return of -25.82%.
As of 3 October 2025, the technical trend for DraftKings, Inc. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings, which are both mildly bearish, alongside bearish signals from Bollinger Bands and KST. The Dow Theory also indicates a mildly bearish trend. Although the daily moving averages show a mildly bullish signal, the overall technical indicators suggest weakness.

In terms of performance, DraftKings has underperformed the S&P 500 across multiple periods, with a 1-week return of -16.42% compared to the S&P 500's 1.09%, and a 1-month return of -25.82% versus 4.15%.
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