TRADE DESK INC/THE -CLASS A (TTD) Stock Technical Analysis
USA - NASDAQ:TTD - US88339J1051 - Common Stock
We assign a technical rating of 2 out of 10 to TTD. Recently some decent action could be observed, but in the medium term time frame this is still negative. TTD was also a bad performer in the overall market in the last year.
Although the technical rating is bad, TTD does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 51.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.69 to 51.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 49.89 to 50.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.27 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @52.37 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 54.14 to 54.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @73.92 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for TTD is neutral. |
| ChartMill Relative Strength | 3.52 | NEGATIVE | TTD has a low relative strength, it was outperformed by 96.48% 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) | 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) | 50.64 | NEUTRAL | The RSI value for TTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests TTD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.44 | NEUTRAL | The Stochastics value for TTD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TTD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for TTD suggests a weak or negative trend. |
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-2.13 (-3.93%)
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 2 / 10 to TTD.
Can you provide the trend direction for TRADE DESK INC/THE -CLASS A?
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 50.6399. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TRADE DESK INC/THE -CLASS A?
TRADE DESK INC/THE -CLASS A (TTD) has a support level at 51.94 and a resistance level at 52.37. Check the full technical report for our detailed analysis of TTD support and resistance levels.