Trump Media's Stock Crisis: What's Next for DJT? 📉🚨 Top Reasons Behind the Plunge!

[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 28th of August 2024 and now we are here to offer you 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 a free price prediction and in-depth analysis for any one of 25,000 companies world wide today please note that this video is for informational purposes only and should not be considered Financial advice since the 19th of July 2024 our system has identified Trump media and Technology Group as a strong cell candidate earning a score of - 5.94 now let's examine the Stock's performance during this time frame the stock has faced a loss of 42.50 6% this equates to an average loss of 1.47% per day since it was designated a strong cell candidate the stock is currently positioned within a broad and declining Trend in the short term indicating a likelihood of further decreases the present 3-month Trend indicates a potential change of approximately - 45% over the coming 3 months with a possible return ranging from 76% to 22% our latest daily update for Trump media and Technology Group includes the headline evaluation of trump media and Technology Group Corp stock downgraded after the last trading session the Trump media and Technology Group Corp stock price declined by 4.24% on the last trading day Wednesday the 28th of August 2024 dropping from $20.99 to $20.10 it has now experienced a consecutive decline for 3 days during the last trading day the stock fluctuated by 6.97% with a low of $19.38 and a high of $20.73 over the last 10 days the price has decreased in eight instances amounting to a decline of 16.15% during this period the trading volume increased on the last day by 98,000 shares despite the falling prices this may serve as an early warning indicating a slight increase in Risk over the next few days in total 5 million shares were exchanged valued at approximately $12.3 million over the past 52 weeks the highest stock price reached was $79.38 while the lowest price was $19 38 currently the price stands at 7468 or $59.28 below the 52- we high of $79.38 which also marks the all-time high for the stock shares of trump media and Technology Group which operates the truth social app are experiencing significant declines recently falling below $20 a share for the first time since its merger with a special purpose acquisition company earlier this year the stock has plunged approximately 5% in just one trading session marking a notable shift in investor confidence this decline brings Trump media and Technology Group to its lowest levels since the stock debuted in March revealing a troubling Trend in its market performance the company's recently reported struggles could be attributed to its meme stock status which which often leads to volatile trading patterns looking ahead Donald Trump is set to be permitted to sell his shares starting next month which could further pressure the stock if he chooses to liquidate a significant portion of his Holdings currently his stake is valued at over2 bli200 million but the downward trajectory raises concerns about long-term viability and investor sentiment in the short term the ongoing decline May deter potential investors especially amid broader concerns regarding the company's market share in a competitive social media landscape dominated by more established platforms over the long term the Stock's ability to regain momentum will heavily rely on effective management and strategic pivots to enhance user retention and growth without a clear plan to stabilize its share price Trump media and Technology Group might find itself in increasingly precarious territory analysts have assigned a general cell rating to Trump media and Technology Group stock they categorize the price to earnings ratio as strong sell and the price to book ratio as strong sell when it comes to return on investment analysts also rate the stock as 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 also known as MCD however some negative signals have also been issued which may impact short-term developments the Trump media and Technology Group Corporation stock currently holds sell signals from both short and long-term moving averages indicating a more negative outlook for the stock additionally there is a General sell signal based on the relationship between the two signals where the long-term average is above the short-term average in the event of upward Corrections there may be resistance at the levels of $21.99 and $28 a breakout above any of these levels would trigger buy signals a sell signal was issued from a pivot top point on Monday July 15th 2024 further declines are anticipated until a new bottom pivot is established yesterday volume increased alongside falling prices which may serve as an early warning suggesting that the stock should be monitored more closely here are some other signals you might find interesting moving average convergence Divergence indicates a Buy Signal pivots suggested a sell signal 33 days ago the short-term moving average generated a Buy Signal 7 days ago the long-term moving average also indicated a Buy Signal 31 days ago the relationship between the short and long move moving averages pointed to a Buy Signal 28 days ago examining the 12-month chart reveals the short moving average indicated a sell signal 28 days ago the long-term moving average showed a sell signal 58 days ago the relationship between the short and long moving averages suggested a Buy Signal 50 days ago for further signals remember to 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 beneath today's Level under certain conditions the stock could experience significant declines in the coming days this stock has the potential for substantial daily fluctuations and with a wide prediction interval indicated by the Ballinger band it is classified as high risk over the past day the stock experienced a movement of $11.35 between its high and low representing a change of 6.97% additionally during the last week the average daily volatility of the stock was 6.89% before we dive into the potential trading levels for Trump media and Technology Group let's quickly review some essential fundamental data first we have the price to earnings ratio often referred to as the PE ratio this important ratio 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 a pattern of consistently negative PE ratios may suggest insufficient 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 currently own any shares you might consider waiting for this level to be surpassed before entering a position for those who already hold the stock this could be an opportune level to contemplate for swing trading there is no significant support from accumulated volume below this level indicating that the stock could potentially drop sharply under certain circumstances proceed with caution and consider making 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 analyst sources is to sell now let's examine some recent Insider trades on the 22nd of a August 2024 novaski Vladimir executed an Insider sale of 7,801 shares of common stock with a par value of 0.00001 per share on the same day Jan philli conducted an Insider sale of $84,900 point1 per share on the 22nd of August 2024 glab Scott carried out an Insider sale of 4,083 shares of common stock with a par value of 0.00001 per share on that day north wall Andrew conducted an Insider sale of 3,467 shares of common stock with a par value of 0.00001 per share also on the 22nd of August 20124 Nunes Devon G executed an Insider sale of 27,800 46 shares of common stock with a par value of 0.00001 per share based on the 28 most recent Insider trades the calculated Insider power is positive with a ratio of 98.76 in total insiders purchased 108,411 153 shares and sold 135,136 shares in the last 28 trades our assessment of this stock is unfavorable and a stop loss has not been established is Trump media and Technology Group stock a good buy Trump media and Technology Group Corporation exhibits several negative signals and is situated within a broad and declining Trend consequently we anticipate it will continue to perform poorly over the next few days or weeks therefore we maintain a negative evaluation of this stock due to minor weaknesses in the technical analysis we have revised our assessment from a sell to a strong sell candidate since our previous evaluation after assessing the volatility and price movements from the last trading day our systems indicate that the current price is overvalued for trading on Thursday August 29th we predict that Trump media and Technology Group will open lower by 3 cents and begin trading at $20.7 we want to remind you that trading carries a significant risk of losing money it is advisable to consult with a financial adviser before making any decisions about buying or selling securities your investment choices should not be based solely on the information from stockinvest.us by utilizing this information you acknowledge and accept responsibility for your own investment decision decisions this is our current view of the stock do you agree or disagree we invite you to 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