TRUMP MEDIA & TECHNOLOGY GRO (DJT) Stock Technical Analysis
NASDAQ:DJT - Nasdaq - US25400Q1058 - Common Stock - Currency: USD
Overall DJT gets a technical rating of 3 out of 10. 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.
When comparing the yearly performance of all stocks, DJT is a bad performer in the overall market: 88% 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.
In the last month DJT has a been trading in the 22.64 - 27.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
DJT has an average volume of 5820090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
DJT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DJT is lagging the market slightly.
The technical rating of DJT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.58
34.59
2 important support areas can be observed.
- Support @18.10 from a trend line in the weekly time frame.
- Support @17.76 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @25.49 from a trend line in the daily time frame.
- A resistance zone ranging from 26.14 to 26.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.09 from a trend line in the daily time frame.
- Resistance @34.25 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 | NEUTRAL | NEUTRAL | The long term trend for DJT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DJT is neutral. |
| ChartMill Relative Strength | 12.41 | NEGATIVE | DJT has a low relative strength, it was outperformed by 87.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DJT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DJT is above the rising 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) | 44.16 | NEUTRAL | The RSI value for DJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests DJT has a negative trend. |
| Stochastics (14,3) | 27.08 | NEUTRAL | The Stochastics value for DJT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for DJT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for DJT suggests a possible start of a new 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)
23.05
-2.67 (-10.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-10.38%
1 Week-8.06%
2 Weeks-10.14%
1 Month-10.76%
3 Month-4.36%
6 Month-27.06%
12 Month-53.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%5.63%
ATR Inc180.38%
Range Today4.36
ADR(20)1.2
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.41
Mansfield-1.93
10 Day High27.78
10 Day Low22.64
20 Day High27.78
20 Day Low22.64
52 Week High54.68
52 Week Low11.75
CS1 End18.1
CR1 Start25.49
Volume & EV
DER(3)1.51%
DER(5)1.38%
Volume50.19M
Volume Incr172.26%
Vol(5)11.99M
Vol(50)5.82M