Based on the provided data and technical analysis, here's the prediction for DJT's stock price next week:
Technical Analysis
The technical indicators show:
- RSI at 42.25 indicates neutral momentum but slightly oversold conditions
- MACD at 0.16 suggests weak positive momentum
- 20-day SMA at $36.33 and 60-day SMA at $34.77 indicate an overall upward trend
News Sentiment Analysis
- Trump Media & Technology Group (DJT) has received a 71% rating based on Benjamin Graham's Value Investor model
- The stock has shown significant volatility around Trump's inauguration events
- Recent legal developments and corporate governance changes could impact short-term price movements
Price Forecast for Next Week
Based on Fibonacci levels:
- Resistance levels: R1 at $42.00, R2 at $44.57, R3 at $48.72
- Support levels: S1 at $33.69, S2 at $31.12, S3 at $26.97
- Pivot point: $37.84
Trading Recommendation
Price Target: $42.00-44.50 range
SELL Recommendation based on:
- Current price is near resistance levels
- Technical indicators showing weakening momentum
- High volatility expected post-inauguration period
- Stock has already seen significant gains leading up to inauguration
Best entry points for short positions would be on any rallies toward $42.00, with initial stops above $44.57.
Based on the provided data and technical analysis, here's the prediction for DJT's stock price next week:
Technical Analysis
The technical indicators show:
- RSI at 42.25 indicates neutral momentum but slightly oversold conditions
- MACD at 0.16 suggests weak positive momentum
- 20-day SMA at $36.33 and 60-day SMA at $34.77 indicate an overall upward trend
News Sentiment Analysis
- Trump Media & Technology Group (DJT) has received a 71% rating based on Benjamin Graham's Value Investor model
- The stock has shown significant volatility around Trump's inauguration events
- Recent legal developments and corporate governance changes could impact short-term price movements
Price Forecast for Next Week
Based on Fibonacci levels:
- Resistance levels: R1 at $42.00, R2 at $44.57, R3 at $48.72
- Support levels: S1 at $33.69, S2 at $31.12, S3 at $26.97
- Pivot point: $37.84
Trading Recommendation
Price Target: $42.00-44.50 range
SELL Recommendation based on:
- Current price is near resistance levels
- Technical indicators showing weakening momentum
- High volatility expected post-inauguration period
- Stock has already seen significant gains leading up to inauguration
Best entry points for short positions would be on any rallies toward $42.00, with initial stops above $44.57.