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Bargain Alert: DraftKings Is the Most Oversold It's Ever Been
MarketBeat· 2025-10-10 17:21
Gambling powerhouse DraftKings Inc. NASDAQ: DKNG is flashing a rare signal that investors typically only see a handful of times in a stock’s lifetime. Its Relative Strength Index (RSI), a key measure of momentum, has collapsed below 15, marking the lowest reading in company history. For context, a reading below 30 indicates that the stock is oversold. DraftKings TodayDKNGDraftKings$32.79 -2.41 (-6.85%) 52-Week Range$29.64▼$53.61Price Target$53.28Add to WatchlistThat means that after a brutal five-week str ...