TRADE DESK INC/THE -CLASS A (TTD) Stock Technical Analysis
NASDAQ:TTD - Nasdaq - US88339J1051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to TTD. In the past year, TTD was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month TTD has a been trading in the 65.55 - 77.57 range, which is quite wide. It is currently trading near the high of this range.
TTD has an average volume of 8854470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, TTD turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
TTD is part of the Media industry. There are 97 other stocks in this industry, TTD did better than 67% of them.
TTD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TTD is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TTD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
66.96
80.19
2 important support areas can be observed.
- A support zone ranging from 70.13 to 70.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.64 to 68.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @76.31 from a horizontal line in the weekly time frame.
- Resistance @79.40 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for TTD is up. |
| ChartMill Relative Strength | 67.68 | NEUTRAL | TTD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TTD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTD is above the rising 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) | 59.32 | NEUTRAL | The RSI value for TTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests TTD has a positive trend. |
| Stochastics (14,3) | 87.35 | OVERBOUGHT | The high Stochastics value suggests TTD may be overbought. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for TTD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.99 | NEGATIVE | The low ADX value for TTD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
74.41
+0.83 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.13%
1 Week9.39%
2 Weeks8.37%
1 Month-2.16%
3 Month60.92%
6 Month-38.93%
12 Month-25.52%
2 Year-18.46%
3 Year65.36%
5 Year64.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3
ATR(20)%3.88%
ATR Inc-43.43%
Range Today1.44
ADR(20)2.57
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.68
Mansfield-2.68
10 Day High75.3
10 Day Low65.55
20 Day High77.57
20 Day Low65.55
52 Week High141.53
52 Week Low42.96
CS1 End67.96
CR1 Start69.41
Volume & EV
DER(3)2.95%
DER(5)2.63%
Volume3.18M
Volume Incr-0.35%
Vol(5)6.70M
Vol(50)8.85M