Is DraftKings, Inc. technically bullish or bearish?

Oct 07 2025 12:26 PM IST
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As of October 3, 2025, DraftKings, Inc. shows a mildly bearish technical trend, with MACD and Bollinger Bands indicating bearishness, while it has underperformed the S&P 500 with a 1-month return of -24.87% and a 1-year return of -10.95%.
As of 3 October 2025, the technical trend for DraftKings, Inc. has changed from mildly bullish to mildly bearish. The MACD indicates a mildly bearish stance on both weekly and monthly time frames, while Bollinger Bands also reflect a bearish outlook. Moving averages show a mildly bullish signal on the daily chart, but overall, the weekly and monthly indicators, including KST and OBV, are mildly bearish.

In terms of performance, DraftKings has underperformed the S&P 500 across multiple periods, with a 1-month return of -24.87% compared to the S&P 500's 4.15%, and a 1-year return of -10.95% versus the S&P 500's 17.82%. Overall, the current technical stance is mildly bearish.
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