[Music] is it time to buy or sell Trump media and Technology Group stock in this video we will explore Trump media and Technology Group in depth our initial report was published on our website on Tuesday the 27th of August 2024 and now we are here to provide you with an even more comprehens ensive analysis remember to subscribe hit the like button and turn on the notification Bell to stay informed about our latest analyses you won't want to miss any vital updates that could influence your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us utilize the power of AI and receive free Price predictions and in-depth analyses for any one of 25 th000 companies worldwide today please be aware that this video is for informational purposes only and should not be regarded as Financial advice since July 19th 2024 our system has classified Trump media and Technology Group as a cell candidate assigning it a score of Nega 4.71 now let's examine the Stock's performance during this time frame the stock has seen a decline of 40% % and 100th this amounts to an average daily loss of 1.43% since it was designated as a sell candidate the stock is positioned in the midst of a significantly Broad and declining Trend in the short term indicating that further declines within this trend are likely the current three-month Trend points to a potential decrease of approximately 45.7% over the next 3 months with the possibility of returns ranging from a decline of 77.4 2% to a decline of 25.7762602 and Technology Group Corporation stock price fell by 3.36% on the last trading day Tuesday the 27th of August 2024 dropping from $21.73 to $20.99 during the last trading day the stock fluctuated 4.02% with a low of $20.9 and a high of $21.75 the price has decreased on eight of the last 10 days days and is down by 12.47% for this period interestingly trading volume also declined on the last day which can be a positive indicator as volume typically follows stock trends on this day trading volume decreased by 357,000 shares with a total of 4 million shares traded amounting to approximately 87 m840 th000 over the past 52 weeks the highest stock price reached was $79.38 while the lowest was $20.9 currently the price stands 7356 or $58.39 below the 52- we high of $79.38 which also marks the all-time high for the stock as we approach the November us elections the political climate is affective various stocks particularly Trump media and Technology Group which trades under the symbol djt recent reports reveal that djt has reached a record low amid Rising political tensions reflecting investor sentiment that the Democrats May retain control of the White House this decline is significant especially considering Trump's substantial losses with his net worth dropping from $7.2 billion to $4.7 billion due to a 63% decrease in djt shares over 5 months this trend indicates considerable investor caution additionally there are worries about the potential consequences if Trump decides to liquidate his large stake in djt where he holds nearly 59% of the shares such a move could trigger fears of further price declines should a major sell-off take place furthermore analysts have highlighted fundamental Financial issues within the company suggesting that djt may not be a viable investment opportunity even when prices dip in the short term this atmosphere of uncertainty is likely to keep djt prices under pressure as Traders respond to political developments and evaluate the company's performance against its competitors in the lucrative social media Market which is largely dominated by larger Rivals over the long term the Stock's future will depend not only on Trump's electoral fortunes but also on the company's ability to effectively address its operational challenges and meet investor expectations analysts have assigned a General sell rating to Trump media and Technology Group stock they have categorized the price to earnings ratio as strong sell and the price to book ratio as strong sell as well regarding return on investment the stock has also received a strong cell rating from analysts the following signals have been identified for Trump media and Technology Group additionally there is a Buy Signal from the 3-month moving average convergence Divergence or MCD however some negative signals have also been issued which may impact the near short-term development the stock of trump media and Technology Group Corporation shows sell signals from both short and longterm moving averages leading to a more negative outlook for the stock furthermore there is a General cell signal indicated by the relationship between these two signals where the long-term average is situated above the short-term average during upward Corrections resistance is expected at levels of $22.30 and $28.2 a breakout above any of these thresholds will generate buy signals a sell signal was issued from a pivot top point on Monday the 15th of July 2024 continued decline is anticipated until a new bottom pivot is established additionally volume declined alongside the price during the last trading day which reduces overall risk as volume typically follows price movements here are some additional signals that may capture your interest moving average convergence Divergence indicates a Buy Signal pivots suggest a sell signal from 32 days ago the short-term moving average shows a a Buy Signal from 6 days ago the long-term moving average also indicates a Buy Signal from 30 days ago the relationship between the short and long moving averages reveals a Buy Signal from 27 days ago examining the 12-month chart we observe the following the short moving average indicates a sell signal from 27 days ago the long-term moving average shows a cell signal from 57 days ago the relationship between the short and long moving averages indicates a Buy Signal from 49 days ago for more signals please visit our page at stockinvest.us let's discuss the support risk and stop-loss for Trump media and Technology Group currently there is no support from accumulated volume below today's level if conditions align unfavorably the stock may experience significant declines in the coming days this stock is known for its volatility exhib in substantial movement throughout the day the prediction interval indicated by the Ballinger band suggests a high-risk classification over the last day the stock fluctuated by 84 cents between its high and low which is a change of 4.02% additionally for the past week the daily average volatility has been 8.68% before we explore the potential trading levels for Trump media and techn ology group let's briefly discuss some key fundamental data first we have the price to earnings ratio commonly referred to as the PE Ratio this important metric Compares a company's current share price to its earnings per share a negative PE ratio indicates that the company is either losing money or has negative earnings even well-established companies can face downturns often due to external factors however if a company consistently shows negative PE ratio it may suggest a lack of profitability and could indicate risks of bankruptcy now let's discuss some potential day trading levels for Trump media and Technology Group in the event of an upward Trend the first resistance level for Trump media and Technology Group is at $22.70 if you do not own any shares you might want to wait for this level to be breached before entering a position for those already holding the stock this could be an opportunity to consider for swing trading there is no significant support from accumulated volume below which indicates that the stock could potentially drop sharply under certain conditions proceed with caution and consider placing trades only if you are an experienced Trader who understands how to navigate such situations the combined average rating for Trump media and Technology Group from multiple anal analy sources is categorized as a sell now let's examine some recent Insider trades on the 22nd of August 2024 nooski Vladimir conducted an Insider sale of 7,801 shares of common stock with a par value of 110,000 of a dollar per share on the same day juhan Philip conducted an Insider sale of 84,4 shares of common stock with a par value of10 ,000 of a dollar per share on the 22nd of August 2024 glab Scott conducted an Insider sale of 4,083 shares of common stock with a par value of 110,000 of a dollar per share on the same day north wall Andrew conducted an Insider sale of 3,467 shares of common stock with a par value of 110,000 of a dollar per share on the 22nd of August 2024 Nunes Devon G conducted an Insider sale of 27,886 shares of common stock with a par value of 110,000 of a dollar per share based on the 28 most recent Insider trades we have determined that Insider power is positive with a ratio of 98.91% 18431 153 shares and sold 13 5,638 shares in the last 28 trades we currently hold a negative evaluation for this stock and there is no stop- loss in place is Trump media and Technology Group stock a good buy Trump media and Technology Group Corporation shows several negative indicators and is currently on a broad and downward Trend suggesting it may continue to perform poorly in the upcoming days or weeks consequently we have a pessimistic outlook on this stock after examining the volatility and movements from the last trading day our analysis indicates that the current price is undervalued for trading on Wednesday the 28th of August we anticipate that Trump media and Technology Group will open at approximately $22.20 and begin trading at $21.22 we remind you that trading involves a high risk of losing money and it is important to consult a financial advisor before buying or selling any Securities investment decisions should not be based solely on the information provided by stockinvest.us by using this information you acknowledge and accept responsibility for your own investment choices this is our current view of the stock do you agree or disagree please comment comment below and share your thoughts what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a wonderful day from all of us here at stock invest