Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, has already experienced notable price swings this year, reflecting its historical volatility and the broader sentiment surrounding its political associations.
On Monday, January 13, DJT shares surged by 9.6%, reaching $39.29, defying the broader market downturn as key tech stocks from the “Magnificent 7” opened lower. However, the stock retraced to $39.35 on Tuesday, reflecting a $3.56 (-8.30%).
Despite this, DJT remains 8.67% higher over the past five days and 15.67% year-to-date. Over the past month, it has traded within a wide range of $32.75 to $43.31, currently sitting in the middle of that band, suggesting potential overhead resistance as it approaches key levels.
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Trump Media stock technical levels
Finbold has noted a significant slowdown in trading volume over the past few days—a concerning sign for bullish traders hoping for sustained upward momentum.
Support is identified around $34.61, reinforced by a support zone between $33.47 and $34.01, formed by the confluence of key trend lines and moving averages.
On the upside, resistance is noted at $39.36 (weekly time frame) and $42.92 (daily time frame), pre-market DJT price is $40.74 +$1.39 (3.53%).
DJT stock price prediction 2025
As of the most recent data, there are no analyst ratings or price forecasts on Wall street available for DJT, given the speculative investment nature of the stock due to its lack of traditional financial performance metrics.
With that being said, renowned market analyst Jon Markman on X has forecasted a potential price target of $55, citing the stock’s momentum and historical performance during key political events.
However, many investors view this as a speculative run-up that could see significant profit-taking around January 20, Inauguration Day, when political fervor is likely to peak.
Trump Media & Technology Group’s stock remains a volatile play, driven as much by market sentiment and political speculation as by any financial fundamentals. As DJT continues to hover near its resistance zones, traders must weigh the risk of a potential pullback against the prospect of further upside. For many, this remains a classic “buy the rumor, sell the news” scenario, where timing and sentiment will likely dictate the next big move.
With Inauguration Day on the horizon, the next few weeks may set the tone for DJT’s performance in the months to come.
Featured image via Shutterstock
