Ongoing decline · week 29
Trade Desk gains 1.1% as a fresh 90-week low fails to hold on the weekly close
Our view last week
Trade Desk sheds another 5.2% and sets a fresh 90-week low, confirmed on the weekly close: its 4th straight weekly decline, while the US technology sector moves higher. Last week the weekly RSI had slipped into oversold territory; it now drops further to 27, and money flow keeps weakening. Technical analysis of Trade Desk stock finds a single brake: momentum has stopped getting worse. Among US tech stocks, the short is up 43.8% since it opened, with price action still in a distribution phase.
This week's summary
Trade Desk prints a fresh 90-week low in the 11.6 area, but this time the weekly close does not confirm it: the week ends up 1.1% and snaps a run of 4 straight declines. The weekly RSI stays oversold at 27.5 and money flow, negative for 15 weeks, stops weakening. Technical analysis of Trade Desk stock reads a pause inside a decline that is still intact, as daily price action breaks its string of lower highs. Among US tech stocks, the short is up 43.2%.
IQS Phase
75
in tension
Signal Strength
9
decline losing steam
Sizing
MINIMUM
Ranking
#110 / 174
US stocks
Trade P&L %
+43.23%
from signal to date, no stop loss
Trade Desk (TTD) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 110th among the 174 sell signals for US stocks in our ranking, with a signal strength of 9 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly -0.52% · monthly +5.81%
TTD belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
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