DKNG technical analysis

DKNG Technical Analysis

Analysis date

July 19, 2026

Market

NasdaqGS (USD)

Daily cutoff

July 18, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

DKNG Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
DKNG
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
July 18, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series26.39July 18, 2026-Verified
Verification series26.39July 18, 2026 (previous close)0.00%Verified

Bottom line

DKNG Technical Analysis Summary

DKNG displays a mixed technical picture. Price trades above the SMA20 and SMA50 on the daily chart but below the SMA200, creating a short-term bullish versus long-term bearish structure. The weekly picture is more bearish with price below all three key moving averages. RSI near 54 on the daily is neutral, while the weekly RSI near 50 sits at the exact midpoint with no directional conviction. The MACD on both timeframes shows the signal line above the MACD line with a narrowing histogram, a pattern that can precede a bullish crossover. The 52-week range of $20.46 to $48.78 with price near the lower third reflects a stock that has fallen significantly from its highs but may be building a base. Key support is at the 52-week low of $20.46, while resistance sits at $30.00 and the SMA200 near $36.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 18, 2026)

Trend
Neutral-Bullish. Price at 26.39 is above SMA20 (25.42) and SMA50 (24.88), indicating short-term bullish momentum, but below SMA200 (36.15), confirming the long-term downtrend has not reversed. The SMA20 is above SMA50, a short-term bullish alignment, but the SMA200 slopes downward.
Momentum
Neutral. RSI14 at 53.82 sits near the midpoint, showing no strong directional conviction. MACD at -0.12 with signal at -0.16 and a narrowing histogram at 0.04 suggests the bearish momentum is fading and a potential bullish crossover is approaching.
Volatility
Elevated. ATR14 at 1.12 (4.24% of price) reflects the above-average daily movement typical of a high-growth gaming stock. Bollinger Bands (22.95 to 27.89) are moderately wide with price near the middle band.
Volume
Slightly below average. Latest volume of 12,845,300 is 81% of the 20-period average (15,858,300), indicating below-normal participation during the consolidation phase.

Assessment

The daily chart shows a stock that has stabilized after a prolonged decline, with short-term moving averages turning up while the long-term trend remains bearish. The narrowing MACD histogram suggests momentum may be shifting. Price near the middle of the Bollinger Bands indicates no extreme volatility pressure. A sustained move above $30 would be the first sign of a trend change.

Weekly (July 11, 2026 week)

Trend
Bearish. Price at 24.87 is below SMA20 (32.45), SMA50 (36.87), and SMA200 (39.95). All major moving averages are in a bearish alignment with the SMA200 sloping downward, confirming the structural downtrend from the 52-week high of $48.78.
Momentum
Neutral-Bearish. RSI14 at 49.73 is at the exact midpoint, reflecting indecision at the weekly scale. MACD at -1.45 with signal at -1.52 and a narrowing histogram of 0.07 is consistent with waning bearish momentum that may set up a bullish crossover in coming weeks.
Volatility
Elevated. ATR14 at 3.45 (13.87% of price) reflects the high weekly volatility typical of a sports betting stock whose price is driven by regulatory news, earnings, and sports calendar catalysts.
Volume
Below average. Weekly volume of 62,350,100 is 72% of the 20-week average (86,597,500), suggesting reduced institutional participation during the ongoing consolidation.

Assessment

The weekly chart confirms that DKNG remains in a structural downtrend with price firmly below all key moving averages. However, the narrowing MACD histogram and RSI near the midpoint suggest the selling pressure may be exhausting. The 52-week position at approximately 22% reflects a stock that has corrected substantially from its highs. A turn in the weekly MACD toward a bullish crossover would be a meaningful technical development.

Key indicators

DKNG Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)53.8249.73
MACD (12, 26, 9)-0.12 / -0.16 / 0.04-1.45 / -1.52 / 0.07
ATR (14)1.12 (4.24%)3.45 (13.87%)
Bollinger Bands (20, 2)22.95 - 27.8915.42 - 35.93
SMA (20)25.4232.45
SMA (50)24.8836.87
SMA (200)36.1539.95

Price structure

DKNG Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price26.3924.87
1-Period Return+0.53%-3.12%
5-Period Return+4.14%+6.83%
20-Period Return+6.98%-18.72%
60-Period Return-11.56%-31.84%
252-Period Return-20.82%-30.15%
52-Week Low20.4620.46
52-Week High48.7848.78
52-Week Position21.42%15.79%

Key levels

DKNG Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High28.1530.85
20-Period Low23.4522.18
60-Period High31.8236.47
60-Period Low21.8320.46

Scenarios

DKNG Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 20-day high at $28.15 and then the $30.00 resistance level with increasing volume.

Invalidation

Price falls back below the SMA50 support at $24.88.

What to watch

A bullish MACD crossover on the daily chart; sustained closes above $28 followed by volume confirmation; RSI moving above 60.

Range-Bound

Trigger

Price continues to oscillate between $23.45 support and $28.15 resistance as the stock consolidates.

Invalidation

A decisive break of either boundary with above-average volume.

What to watch

RSI staying between 40 and 60; MACD remaining near the zero line; volume remaining below average.

Bearish

Trigger

Price breaks below the 20-day low at $23.45 and tests the 52-week low at $20.46.

Invalidation

Price reclaims the $26 level and holds above SMA20.

What to watch

Increasing downside volume; MACD histogram turning more negative; RSI breaking below 40.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends July 18, 2026, and the weekly series ends July 11, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily July 18, 2026, weekly July 11, 2026 week. Generated July 19, 2026.