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DraftKings stock closes up 1.77%; earnings miss reported after the bell

DraftKings stock closes up 1.77%; earnings miss reported after the bell

Photo: The Cryptonomist

DraftKings stock has a neutral daily bias with a bullish tilt, rather than a fully established uptrend. Its completed-session chart shows positive momentum, but earnings reports published after the close complicate that technical picture. Key takeaways DraftKings stock closed Thursday’s regular session at $23.52, up 1.77% from the previous close. The daily close sits above the 20-session EMA at $21.23 and the 50-session EMA at $21.67, but below the 200-session EMA at $25.14. Daily RSI14 is 67.94, above 50 and below the 70 overbought threshold; the daily MACD histogram is 0.45.

Source: The Cryptonomist

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