[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 Wednesday the 4th of September 2024 and now we are here to provide you with an even more detailed analysis remember to subscribe hit the like button and turn on the notification Bell to stay updated on our latest analysis you do not want to miss any crucial updates that could impact your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us tap into the power of AI and receive free Price predictions and in-depth analysis for any among 25,000 companies world worldwide today please note that this video is for informational purposes only and should not be considered as Financial advice since July 19th 2024 our system has identified Trump media and Technology Group as a strong cell candidate assigning it a score of -6.9 now let's examine the Stock's performance during this time frame the stock has recorded a loss of 51. 47% this equates to an average daily loss of 1.56% since its designation as a strong cell candidate the stock is currently positioned within a broad and declining Trend in the short term indicating the likelihood of further decreases in value the existing 3-month Trend suggests a potential decline of approximately 42% over the next 3 months with possible returns ranging from about - 69% to -4% our latest daily update for Trump media and Technology Group includes the headline is Trump media and Technology Group Corporation stock still a buy after falling 6.08% on Wednesday the Trump media and Technology Group Corporation stock price decreased by 6.08% on the last trading day which was Wednesday the 4th of September M 2024 dropping from $188 to $16.98 this marks the seventh consecutive day of decline on the last trading day the stock experienced fluctuations of 7.52% ranging from a low of $16.96 to a high of $123 the price has declined in eight of the last 10 days and is down by 2071 during this period interestingly the trading volume also fell on the last day alongside the stock price which is generally considered a positive sign as volume typically follows the stock on that day the trading volume decreased by 265,000 shares with a total of 5 million shares exchanged amounting to approximately $ 9.92 million over the past 52 weeks the highest price of the stock was7 $9.38 while the lowest price was $16.96 currently the price is 7861 or $62.40 below the 52e high of $79 and 38 which also represents the all-time high for the stock Trump media stock trading under the symbol djt has experienced a dramatic downturn completing a full reversal to where it began in January 2024 as of September 4th shares have fallen below their 2,23 closing levels highlighting a significant loss in momentum hitting a new low since its public debut djt's decline reflects not only bearish sentiment but also strategic pressures ahead of Donald Trump's impending ability to sell his stake in the company the upcoming sale date is particularly concerning as it could flood the market Market with shares and further drive down prices analysts note that while there remains long-term potential for Trump media short-term fluctuations are likely to dominate as Market reactions to Trump's trading decisions unfold additionally setbacks in Trump's nent cryptocurrency Venture including allegations of hacking add complexity to the narrative surrounding djt given that the company operates the truth social platform these developments could erode investor confidence further in the immediate term djt's value may be volatile due to Market sentiment influenced by both Trump's stock sales and broader economic factors however if the company manages to stabilize operations and restore investor Faith a recovery could be envisioned in the long run contingent on mitigating the risks associated with Market saturation and ongoing reputational challenges analysts have assigned a general sell rating to Trump media and Technology Group stock they consider the price to earnings ratio as a strong sell and the price to book ratio as a strong sell regarding return on investment the analysts have also rated the stock as a strong sell the following signals have been identified for Trump media and Technology Group furthermore there is a Buy Signal from the 3-month moving average convergence Divergence or McD D however some negative signals have also been issued which may influence short-term developments the Trump media and Technology Group Corporation stock is currently receiving sell signals from both short and long-term moving averages indicating a more negative forecast additionally there is a General sell signal due to the relationship between the two averages with the long-term average positioned above the short-term average on upward Corrections there will be resistance at the levels of $19.60 and $26.7 a breakthrough above either of these levels will generate buy signals a sell signal was issued from a pivot top point on Monday July 15th 2024 and since then the stock has fallen by 58.6% further declines are anticipated until a new bottom pivot is established volume decreased along with the price during the last trading day which reduces overall risk as volume should typically follow price movements here are some other signals you might find interesting moving average convergence Divergence Buy Signal pivots sell signal 37 days ago short-term moving average Buy Signal 11 days ago long-term moving average Buy Signal 35 days ago the relation between the short and the long moving averages Buy Signal 32 days days ago if we look at the 12-month chart we see short moving average sell signal 32 days ago the long-term moving average sell signal 62 days ago the relation between the short and the long moving averages Buy Signal 54 days ago remember to visit our page at stockinvest.us if you want to find more signals support risk and stoploss for Trump media and Technology Group currently there is no support for from accumulated volume beneath today's level if the right conditions arise the stock may experience significant declines in the upcoming days this stock tends to exhibit substantial movement throughout the day indicating High volatility given the considerable prediction range from the Ballinger band this stock is classified as high risk over the last day the stock fluctuated by $128 between its high and low which equates to 7.52% in the past week the average daily volatility has been 7.29% before we dive into the possible favorable trading levels for Trump media and Technology Group let's quickly cover some essential fundamental data first we have the price to earnings ratio commonly referred to as the PE Ratio this important metric measures a company's current share price in relation to its earnings per share a negative PE ratio indicates that the company is experiencing negative earnings or is losing money even well-established companies can face downturns often due to factors beyond their control however consistently negative PE ratios may suggest insufficient profitability and potential bankruptcy risks 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 $188 if you do not own any shares it may be wise to wait for this level to be exceeded before entering a position for those who already hold the stock this could serve as a point to consider for swing trading there is a lack of significant support from accumulated volume below indicating that the stock could potentially decline sharply under certain conditions exercise caution and consider placing trades only if you are an experienced Trader familiar with navigating such circumstances the combined average rating for Trump media and Technology Group from multiple analyst sources is to sell now let's examine some recent Insider trades on August 22nd 2024 novaki 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 August 22nd 2024 Juan philli conducted an Insider sale of $84,950 shares of common stock with a par value of 110,000 of a dollar per share on August 22nd 2024 glab Scott conducted an Insider sale of 483 shares of common stock with a par value of 110,000 of a dollar per share on August 22nd 2024 northwall 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 August 22nd 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 calculated The Insider power to be positive with a ratio of 97.83 s overall insiders purchased 108 m843 153 shares and sold 135,136 shares in the last 28 trades we currently hold a negative evaluation for this stock and there is no stop- loss in in place is Trump media and Technology Group stock a wise investment currently Trump media and Technology Group Corporation exhibits several concerning signals and is positioned within a broad and declining Trend consequently we anticipate that its performance will remain weak in the forthcoming days or weeks leading us to a negative assessment of this stock upon examining the volatility and price movements from the last trading day our analysis indicates that the current price is undervalued looking ahead to trading on Thursday the 5th of September we predict that Trump media and Technology Group will open at approximately 40 cents and begin trading around $17.39 we remind you that trading involves a high risk of losing money and it is essential to consult with a financial adviser before buying or selling any Securities you should not base your investment decisions solely on the information provided by stockinvest.us by utilizing this information you agreed to take responsibility for your own investment choices this is our current view of the stock do you agree or disagree please share your thoughts in the comments below what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a wonderful day with regards from all all of us here at stock invest