TRUMP MEDIA & TECHNOLOGY GRO (DJT) Stock Technical Analysis
NASDAQ:DJT - US25400Q1058 - Common Stock
17.53 USD
-0.42 (-2.37%)
17.5599 USD
+0.03 (+0.17%)
Taking everything into account, DJT scores 1 out of 10 in our technical rating. DJT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DJT is a bad performer in the overall market: 87% of all stocks are doing better.
DJT is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 68% are performing better than DJT.
DJT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DJT has an average volume of 7669950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DJT has a been trading in the 15.97 - 18.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DJT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.47, a Stop Loss order could be placed below this zone.
More info and screens
16.49
30.59
We found 1 important support area.
- A support zone ranging from 16.66 to 17.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.63 to 17.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.89 to 19.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.86 from a horizontal line in the daily time frame.
- Resistance @30.29 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DJT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DJT is neutral. |
| ChartMill Relative Strength | 13.49 | NEGATIVE | DJT has a low relative strength, it was outperformed by 86.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DJT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DJT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DJT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.08 | NEUTRAL | The RSI value for DJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DJT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.85 | NEUTRAL | The Stochastics value for DJT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for DJT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.83 | NEGATIVE | The low ADX value for DJT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
17.53
-0.42 (-2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.37%
1 Week-1.9%
2 Weeks-5.24%
1 Month3.61%
3 Month-17.82%
6 Month-27.26%
12 Month-10.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%3.9%
ATR Inc-32.95%
Range Today0.5
ADR(20)0.62
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.49
Mansfield-3.52
10 Day High18.97
10 Day Low16.64
20 Day High18.97
20 Day Low15.97
52 Week High54.68
52 Week Low11.75
CS1 End17.47
CR1 Start17.63
Volume & EV
DER(3)0.06%
DER(5)-3.38%
Volume4.42M
Volume Incr20.84%
Vol(5)7.32M
Vol(50)7.67M