Trade Desk sell pressure builds again
Trade Desk drops 7% as the Sell signal regains control
Trade Desk sell pressure builds again
Our view last week
Trade Desk's bounce has stalled: after two weeks of recovery the stock gives back 4.8%, with sellers commanding nearly 90% of the volume and money flow back in negative territory. Price stays boxed between resistance in the 18.6 area and support in the 18.3 area: the short, under management for 17 weeks, is now up more than 12%.
This week's summary
Trade Desk shares give back another 7% this week, with sellers commanding 76% of the volume and money flow sliding further into negative territory. The rebound of recent weeks has stalled repeatedly against the wall in the 18.6-20.3 area, and price is back at the support in the 17.2 area. The Sell signal has been under management for 18 weeks, with the short now more than 18% in profit.
IQS Phase
70
in tension
Signal Strength
50
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#36 / 141
US stocks
Trade P&L %
+18.75%
from signal to today
Rank position
ranks 36th among the 141 sell signals for US stocks in our ranking, with a signal strength of 50 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
TTD belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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