KD Logo

Analyzing Trump Media & Technology Group Corp (DJT) After Recent Trading Activity

Trump Media & Technology Group Corp’s recent filing unveils that its General Counsel and Secretary Glabe Scott unloaded Company’s shares for reported $0.51 million on Nov 08 ’24. In the deal valued at $32.19 per share,15,917 shares were sold. As a result of this transaction, Glabe Scott now holds 336,576 shares worth roughly $8.01 million.

Then, Juhan Phillip sold 320,000 shares, generating $9,808,000 in total proceeds. Upon selling the shares at $30.65, the CFO and Treasurer now owns 329,798 shares.

Before that, Juhan Phillip sold 64,000 shares. Trump Media & Technology Group Corp shares valued at $2,110,080 were divested by the CFO and Treasurer at a price of $32.97 per share. As a result of the transaction, Juhan Phillip now holds 265,798 shares, worth roughly $6.33 million.

Price Performance Review of DJT

On Tuesday, Trump Media & Technology Group Corp [NASDAQ:DJT] saw its stock fall -7.46% to $23.81. Over the last five days, the stock has lost -18.54%. Trump Media & Technology Group Corp shares have fallen nearly -30.18% since the year began. Nevertheless, the stocks have fallen -48.99% over the past one year. While a 52-week high of $79.38 was reached on 01/17/25, a 52-week low of $11.75 was recorded on 02/25/25. SMA at 50 days reached $33.56, while 200 days put it at $31.66.

Levels Of Support And Resistance For DJT Stock

The 24-hour chart illustrates a support level at 22.83, which if violated will result in even more drops to 21.86. On the upside, there is a resistance level at 25.19. A further resistance level may holdings at 26.58. The Relative Strength Index (RSI) on the 14-day chart is 25.49, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.91%. Stochastics %K at 4.72% indicates the stock is a buying.

Most Popular