DKNG Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BEAR consumer

DKNG is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $24.50, currently 0.20% away. This pattern has shown a 1.0x profit factor across 14 backtested trades.

Current Setup

Close$24.55 -4.81%
Breakout Level$24.50
Distance to Level0.20%
RVOL0.7×
Pressure68
PatternCompression

Trade Plan

Entry$24.42
Stop$24.61
TP1$24.22
TP2$24.03
TP3$23.83

Chart

DKNG breakout scanner chart

Backtest Performance

Win Rate
50%
Profit Factor
0.99x
Avg R
-0.00R
Trades
14
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 20 BEAR A- $24.31 $24.58 $24.03 $24.03 WIN +1.04R 2
Jul 17 BEAR A- $24.63 $24.94 $24.32 $24.32 WIN +1.00R 2
Jul 13 BULL A- $27.31 $26.97 $27.66 $26.97 LOSS -1.00R 6
Jul 7 BULL A- $26.37 $26.10 $26.64 $26.64 WIN +1.00R 2
Jun 23 BEAR A- $25.49 $25.79 $25.20 $25.79 LOSS -1.00R 2
Jun 8 BEAR A- $24.63 $24.90 $24.36 $24.90 LOSS -1.00R 3
May 19 BULL A- $26.08 $25.70 $26.47 $25.70 LOSS -1.00R 5
May 15 BULL A- $25.46 $25.17 $25.74 $25.74 WIN +0.97R 2
Apr 17 BULL A- $23.93 $23.65 $24.20 $23.65 LOSS -1.00R 6
Apr 15 BULL A- $23.35 $23.10 $23.59 $23.59 WIN +0.96R 2
Apr 7 BULL A- $23.14 $22.94 $23.34 $22.94 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-08-27 B BEAR $24.50 0.10% 68
2026-08-24 B+ BULL $26.25 0.78% 92
2026-08-24 B BULL $26.25 1.01% 85
2026-08-24 B BULL $26.25 0.95% 85
2026-08-24 B+ BULL $26.25 0.38% 92
2026-08-24 B+ BULL $26.25 0.34% 88
2026-08-24 B+ BULL $26.25 0.32% 88
2026-08-24 B+ BULL $26.25 0.25% 89
2026-08-24 B+ BULL $26.25 0.02% 80
2026-08-24 B+ BULL $26.25 0.19% 82

Bot Activity

DateSideResultRExit
2026-07-07 BULL

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