TRUMP MEDIA & TECHNOLOGY GRO (DJT) Stock Technical Analysis
NASDAQ:DJT • US25400Q1058
Taking everything into account, DJT scores 0 out of 10 in our technical rating. DJT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DJT is a bad performer in the overall market: 90% of all stocks are doing better.
- DJT is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 61% are performing better than DJT.
- DJT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DJT has a been trading in the 9.90 - 15.37 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.
- DJT has an average volume of 9548200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
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
10.01
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.35 to 13.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.37 from a trend line in the daily time frame.
- Resistance @14.78 from a trend line in the weekly time frame.
- Resistance @16.16 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for DJT is down. |
| ChartMill Relative Strength | 10.07 | NEGATIVE | DJT has a low relative strength, it was outperformed by 89.93% 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) | 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) | 33.13 | NEUTRAL | The RSI value for DJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DJT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.49 | OVERSOLD | The low Stochastics value suggests DJT may be oversold. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for DJT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for DJT suggests a strong trend. |
10.11
-0.46 (-4.35%)
TRUMP MEDIA & TECHNOLOGY GRO / DJT FAQ
What is the ChartMill technical rating of TRUMP MEDIA & TECHNOLOGY GRO (DJT) stock?
ChartMill assigns a technical rating of 0 / 10 to DJT.
What is the trend direction for DJT stock?
The current trend direction for TRUMP MEDIA & TECHNOLOGY GRO (DJT) is Bearish.
What is the RSI signal for TRUMP MEDIA & TECHNOLOGY GRO (DJT) stock?
TRUMP MEDIA & TECHNOLOGY GRO (DJT) has an RSI value of 33.132. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRUMP MEDIA & TECHNOLOGY GRO?
The buy/sell signal for TRUMP MEDIA & TECHNOLOGY GRO (DJT) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TRUMP MEDIA & TECHNOLOGY GRO (DJT) stock?
TRUMP MEDIA & TECHNOLOGY GRO (DJT) has a resistance level at 13.35. Check the full technical report for our detailed analysis of DJT support and resistance levels.