TRADE DESK INC/THE -CLASS A (TTD) Technical Analysis
NASDAQ:TTD • US88339J1051
We assign a technical rating of 1 out of 10 to TTD. TTD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 93% of all other stocks performed better in the past year than TTD.
- TTD is part of the Media industry. There are 91 other stocks in this industry, of which 65% are performing better than TTD.
- TTD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month TTD has a been trading in the 21.08 - 32.90 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TTD has an average volume of 16109300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TTD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.49
When analyzing the resistance we notice one important area.
- Resistance @34.78 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TTD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTD is neutral. |
| ChartMill Relative Strength | 7.64 | NEGATIVE | TTD has a low relative strength, it was outperformed by 92.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TTD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.36 | NEUTRAL | The RSI value for TTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests TTD has a positive trend. |
| Stochastics (14,3) | 63.8 | NEUTRAL | The Stochastics value for TTD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for TTD suggests high volalility. |
| Average Directional Index/ADX (14) | 45.68 | POSITIVE | The high ADX value value for TTD suggests a strong trend. |
TTD Technicals: Chart, Performance Metrics, Trend & Indicators
29.79
+4.62 (+18.36%)
TRADE DESK INC/THE -CLASS A / TTD FAQ
Can you provide the ChartMill technical rating for TRADE DESK INC/THE -CLASS A?
ChartMill assigns a technical rating of 1 / 10 to TTD.
What is the trend direction for TTD stock?
The current trend direction for TRADE DESK INC/THE -CLASS A (TTD) is Bearish.
What is the RSI signal for TRADE DESK INC/THE -CLASS A (TTD) stock?
TRADE DESK INC/THE -CLASS A (TTD) has an RSI value of 59.3589. This indicates that the stock is currently neutral.
What are the support and resistance levels for TRADE DESK INC/THE -CLASS A (TTD) stock?
TRADE DESK INC/THE -CLASS A (TTD) has a resistance level at 34.78. Check the full technical report for our detailed analysis of TTD support and resistance levels.