DraftKings (DKNG, $35.08) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 23, 2025

#CasinosGaming, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #LargeCap
DKNG - DraftKings
MACD signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $35.08
Daily change: +$0.21 (+0.6%)
Daily volume: 6.5M
Capitalization: $17.4B
Industry: Casinos/Gaming

This is a Bearish indicator signaling DKNG's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 49 similar cases where DKNG's MACD histogram became negative, and 40 of them led to successful outcomes. Odds of Success: 82%.