TRUMP MEDIA & TECHNOLOGY GRO (DJT)

US25400Q1058 - Common Stock

35.119  +0.41 (+1.18%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to DJT. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DJT is a bad performer.

When comparing the yearly performance of all stocks, DJT is a bad performer in the overall market: 100% of all stocks are doing better.
DJT is part of the Interactive Media & Services industry. There are 72 other stocks in this industry, of which 94% are performing better than DJT.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DJT has an average volume of 45888800 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 29.83 - 38.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DJT Weekly chart
DJT Daily chart
Setup Rating and Analysis

6

DJT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 34.70, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

33.88

52.36

When analyzing the support we notice one important area.

  • A support zone ranging from 34.22 to 34.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

4 important resistance areas can be observed.

  • Resistance @36.92 from a trend line in the daily time frame.
  • A resistance zone ranging from 38.51 to 38.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @50.61 from a trend line in the daily time frame.
  • Resistance @51.84 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High38.83
10 Day Low32.71
20 Day High38.83
20 Day Low29.83
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-5.14%
2 Weeks-0.09%
1 Month13.84%
3 Month156.16%
6 Month25.49%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)52.02
LBB32.78
UBB38.34
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
36.9334.212.72 (7.37%)13.58%
An entry @36.93. This is a Buy Stop order right above the resistance zone.An exit @34.21. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.72 points, which is 7.37%.When investing 13.58% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of DJT. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DJT Daily chart

TRUMP MEDIA & TECHNOLOGY GRO

NASDAQ:DJT (12/23/2024, 12:42:10 PM)

35.119

+0.41 (+1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.18%
1 Week-5.14%
2 Weeks-0.09%
1 Month13.84%
3 Month156.16%
6 Month25.49%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.41
ATR(20)%6.2%
ATR Inc-8.43%
Range Today1.67
ADR(20)2.13
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High38.83
10 Day Low32.71
20 Day High38.83
20 Day Low29.83
52 Week HighN/A
52 Week LowN/A
CS1 End34.7
CR1 Start36.92
Volume & EV
DER(3)-1.63%
DER(5)-1.44%
Volume3.90M
Volume Incr-21.74%
Vol(5)12.26M
Vol(50)45.89M