
Technical analysis of DraftKings Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
DraftKings Inc. is a digital sports entertainment and gaming company founded in 2011 and headquartered in Boston, Massachusetts. The company offers online and retail sports betting, daily fantasy sports, iGaming products, prediction markets, and related software solutions in the United States and internationally.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
19.89 $
+4.23%
50 sessions
22.49 $
−7.83%
200 sessions
24.73 $
−16.19%
s2
19.27
Support
s1
19.87
Support
pivot
20.22
Pivot
r1
20.82
Resistance
r2
21.17
Resistance
In the October 21, 2026 session DraftKings Inc. closed higher at 20.73 $, +1.22% versus the previous session.
The price sits mixed against its moving averages: +4.23% against the 21-session average, −7.83% against the 50 and −16.19% against the 200.
The 14-period RSI reads 50.6, in neutral territory.
MACD stands at -0.679 against a signal line at -0.957: the histogram is positive (+0.278).
ADX reads 20.6, indicating weak directionality.
Levels computed on the latest session place supports at 19.87 and 19.27 $ and resistances at 20.82 and 21.17 $, around a pivot of 20.22.
The average daily range (ATR) is 0.993 $, or 4.79% of price.
Turnover was 2.8M shares, 19% of the 20-session average.
Over the last twelve months the price ranged between 18.40 and 30.13 $, and today stands −31.20% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is DraftKings Inc. analysed technically?
Technical analysis of DraftKings Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for DraftKings Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to DraftKings Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to DraftKings Inc. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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