Trump Media & Technology Group DJT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Trump Media & Technology Group (DJT) Business Model and Operations Summary
Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.
Key Insights
Trump Media & Technology Group (DJT) Core Market Data and Business Metrics
Latest Closing Price
$16.93Market Cap
$5.66 BillionAverage Daily Volume
4,884,887 Shares52-Week Range
$11.75-$54.68Price-Earnings Ratio
-52.91Total Outstanding Shares
277.07 Million SharesCEO
Mr. Devin G. NunesTotal Employees
29Current Dividend
No dividendIPO Date
March 26, 2024SIC Description
Services-computer Programming, Data Processing, Etc.Headquarters
401 N. Cattlemen Rd., Sarasota, FL, 34232