TRADE DESK INC/THE -CLASS A (TTD) Technical Analysis
NASDAQ:TTD • US88339J1051
Current stock price
TTD Technical Rating and Analysis
Taking everything into account, TTD scores 0 out of 10 in our technical rating. TTD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than TTD.
- TTD is one of the lesser performing stocks in the Media industry. 69% of 92 stocks in the same industry do better.
- TTD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TTD is lagging the market.
- 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 lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TTD has an average volume of 18593300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TTD Weekly and Daily overview Charts
TTD Setup Rating and Analysis
TTD has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TTD Support and Resistance Analysis
23.27
We found 1 important support area.
- A support zone ranging from 23.51 to 23.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @25.30 from a trend line in the daily time frame.
- Resistance @26.82 from a trend line in the daily time frame.
- Resistance @31.56 from a trend line in the weekly time frame.
TTD Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for TTD is down. |
| ChartMill Relative Strength | 6.41 | NEGATIVE | TTD has a low relative strength, it was outperformed by 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTD is below a declining 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) | 38.33 | NEUTRAL | The RSI value for TTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TTD has a negative trend. |
| Stochastics (14,3) | 9.43 | OVERSOLD | The low Stochastics value suggests TTD may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for TTD suggests high volalility. |
| Average Directional Index/ADX (14) | 27.06 | POSITIVE | The high ADX value value for TTD suggests a strong trend. |
TTD Chart- and CandleStick Pattern Analysis
TTD Technicals: Chart, Performance Metrics, Trend & Indicators
24.11
+0.6 (+2.55%)
TRADE DESK INC/THE -CLASS A / TTD TA FAQ
Can you provide the ChartMill technical rating for TRADE DESK INC/THE -CLASS A?
ChartMill assigns a technical rating of 0 / 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 38.3335. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRADE DESK INC/THE -CLASS A (TTD) stock?
The buy/sell signal for TRADE DESK INC/THE -CLASS A (TTD) is sell as both the short term and long term trends are negative.
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 support level at 23.82 and a resistance level at 25.3. Check the full technical report for our detailed analysis of TTD support and resistance levels.