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Should You Hold DraftKings Inc (DKNG) Stock Tuesday Morning?

Tuesday, October 04, 2022 07:34 AM | InvestorsObserver Analysts
Should You Hold DraftKings Inc (DKNG) Stock Tuesday Morning?

DraftKings Inc (DKNG) is up 3.83% today.

Overall Score - 51
DKNG has an Overall Score of 51. Find out what this means to you and get the rest of the rankings on DKNG!
DKNG stock closed at $15.40 and is up $0.59 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. DKNG has a roughly average overall score of 51 meaning the stock holds a better value than 51% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. DKNG gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. DraftKings Inc currently has the 124th highest Short-Term Technical score in the Gambling industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.
DraftKings Inc's Overall and Short-Term Technical score paint a mixed picture for DKNG's recent trading patterns and forecasted price. Click Here To Get The Full Report on DraftKings Inc (DKNG)

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