DraftKings stock has a neutral daily bias with a bullish tilt, rather than a fully established uptrend. Its completed-session chart shows positive momentum…
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.
Summary
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.
- The daily close sits above the daily upper Bollinger band at $23.09, with the mid band at $20.65 and the lower band at $18.21.
- The next-session daily pivot is $23.35, with first resistance at $23.86 and first support at $23.01.
On Thursday, November 5, 2026, DraftKings opened at $23.18. The stock traded between a low of $22.84 and a high of $23.69, and closed at $23.52. The session gained 1.77% versus the previous close. The daily candle opened at $23.18, traded between a low of $22.84 and a high of $23.69, and closed at $23.52, against a previous close of $23.11. That closing price is the reference for the technical levels below, not a post-earnings trading quote.
Earnings reports complicate the chart
Reports published after the close described third-quarter results that fell short of expectations. A separate Friday report described a reduced fiscal 2026 outlook. Both developments sit outside Thursday’s completed-session chart.
However, Investing.com reported after Thursday’s close that the shares fell 25.2% in after-hours trading to $17.60 following the third-quarter results. The report said the loss and revenue figures both fell well short of expectations. That reported price sits below the daily support references discussed below, making the distinction between the completed chart and subsequent trading essential.
Meanwhile, a report published on Friday, November 6, 2026, said DraftKings’ earnings forecast for 2027 missed the average analyst estimate. It also said the company cut its fiscal 2026 outlook.
DraftKings stock: daily momentum lacks full trend confirmation
Daily momentum readings lean positive, but the moving-average structure stops short of full trend confirmation.
Daily moving-average structure
The daily close stands above the 20-session EMA at $21.23 and the 50-session EMA at $21.67. Still, the 20-session average remains below the 50-session average, while price remains below the 200-session EMA at $25.14. This is not a fully bullish moving-average alignment.
Daily momentum and volatility
At the same time, daily RSI14 stands at 67.94, above 50 but below the overbought threshold of 70. The MACD line is 0.39, above its signal at -0.05, with a positive histogram of 0.45. Both readings support the bullish side of the otherwise mixed daily structure.
Notably, the close also sits above the daily upper Bollinger band at $23.09. The mid band is $20.65 and the lower band is $18.21. Price therefore occupies the upper side of the daily volatility envelope. Daily ATR14 of $1.02 provides a dollar-based volatility reference.
Hourly confirmation has a momentum caveat
The hourly chart confirms the constructive price structure, yet its MACD reading points the other way.
Hourly trend structure
Still, the closing reference sits above the hourly 20-hour EMA at $22.86, the 50-hour EMA at $22.03 and the 200-hour EMA at $21.28. Their descending order beneath price gives the hourly chart a bullish alignment. Hourly RSI14 of 68.41 also stands above 50 without reaching overbought territory.
Hourly momentum reading
In contrast, the hourly MACD line at 0.48 is below its signal at 0.53, with a negative histogram of -0.04. That conflicts with the positive daily MACD configuration. The hourly chart therefore confirms the constructive price structure but offers mixed momentum evidence.
For execution context only, the close sits above the 15-minute 20-quarter-hour EMA at $23.21 and just below the upper Bollinger band at $23.53. The 15-minute RSI14 is 63.32, above 50. Its MACD line at 0.04 exceeds the signal at -0.01, supporting a positive short-term configuration without resolving the daily uncertainty.
Bullish and bearish conditions for the next session
For the next session, the bullish case requires holding above the daily pivot at $23.35 and clearing first resistance at $23.86. The bearish alternative unfolds below first support at $23.01.
For trading when the next session resumes, the daily pivot sits at $23.35, with first resistance at $23.86 and first support at $23.01. The 200-session EMA at $25.14 would remain the next higher trend reference.
Conversely, trading below the daily pivot and first support would undermine that bullish case. Lower references are the 50-session EMA at $21.67, followed by the 20-session EMA at $21.23. The reported after-hours price already lies beneath those levels, but it is separate from the completed-session technical snapshot.
Overall, DraftKings stock ended the regular session above its shorter daily averages and upper Bollinger band, but below its 200-session EMA. Daily ATR14 remains $1.02. The unresolved question is whether trading after the earnings reports can support that constructive chart or establish a materially different price structure.
FAQ
Where did DraftKings stock close on Thursday, November 5, 2026?
DraftKings stock closed at $23.52, up 1.77% from the previous close. During the session, the stock traded between a low of $22.84 and a high of $23.69.
What do the daily moving averages show for DraftKings stock?
The 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. The 20-session EMA also remains below the 50-session EMA.
What are the next-session pivot levels?
The daily pivot is $23.35, with first resistance at $23.86 and first support at $23.01.
How do the daily and hourly MACD readings compare?
The daily MACD line at 0.39 sits above its signal at -0.05 with a positive histogram of 0.45. The hourly MACD line at 0.48 sits below its signal at 0.53 with a negative histogram of -0.04.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
