TRUMP MEDIA & TECHNOLOGY GRO (DJTWW) Stock Technical Analysis
USA - NASDAQ:DJTWW -
9.02 USD
+0.12 (+1.35%)
9.33 USD
+0.31 (+3.44%)
Taking everything into account, DJTWW scores 0 out of 10 in our technical rating. DJTWW 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.
81% of all other stocks performed better in the past year than DJTWW.
DJTWW 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 DJTWW has a been trading in the 8.72 - 10.59 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, DJTWW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DJTWW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.71
9.25
When analyzing the support we notice one important area.
- A support zone ranging from 8.80 to 9.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.03 to 9.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 DJTWW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DJTWW is down. |
| ChartMill Relative Strength | 19.18 | NEGATIVE | DJTWW has a low relative strength, it was outperformed by 80.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DJTWW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DJTWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DJTWW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.63 | NEUTRAL | The RSI value for DJTWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DJTWW has a positive trend. |
| Stochastics (14,3) | 22.85 | NEUTRAL | The Stochastics value for DJTWW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for DJTWW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for DJTWW 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)
9.02
+0.12 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.35%
1 Week1.46%
2 Weeks0.88%
1 Month-4.55%
3 Month-18.36%
6 Month-28.78%
12 Month5.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%4.01%
ATR Inc8.34%
Range Today0.34
ADR(20)0.34
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.18
Mansfield-4.99
10 Day High9.49
10 Day Low8.72
20 Day High10.59
20 Day Low8.72
52 Week High44.83
52 Week Low6.53
CS1 End9.01
CR1 Start9.03
Volume & EV
DER(3)9.23%
DER(5)6.58%
Volume27.20K
Volume Incr-2.94%
Vol(5)26.44K
Vol(50)37.87K