DJT Stock Summary and Trading Ideas (Trump Media & Technology Group Corp. | NASDAQ:DJT)

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group Corp. trades on the NASDAQ stock market under the symbol DJT.

As of November 1, 2024, DJT stock price declined to $30.56 with 65,332,669 million shares trading.

DJT has a beta of 0.87, meaning it tends to be less sensitive to market movements. DJT has a correlation of 0.01 to the broad based SPY ETF.

DJT has a market cap of $6.12 billion. This is considered a Mid Cap stock.

The top ETF exchange traded funds that DJT belongs to (by Net Assets): VXF, VTI, SCHA, VB, IWP.

DJT support price is $31.44 and resistance is $39.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DJT shares will trade within this expected range on the day.