Trade Desk: a bounce that doesn't convince sellers
Trade Desk stock bounces 4.3%, but sellers stay in control
Trade Desk: a bounce that doesn't convince sellers
Our view last week
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.
This week's summary
Trade Desk stock bounces 4.3% this week, but the technical picture doesn't change direction: sellers commanded 78% of the volume and money flow slipped even further negative. Price stays boxed between the support in the 18 area and the nearest resistance just above, with earnings on the calendar this very week. The Sell signal has been under management for 19 weeks, with the short down to around 15% profit after the bounce.
IQS Phase
72
in tension
Signal Strength
14
decline losing steam
Sizing
MINIMUM
Ranking
#63 / 138
US stocks
Trade P&L %
+15.23%
from signal to date, no stop loss
Rank position
ranks 63rd among the 138 sell signals for US stocks in our ranking, with a signal strength of 14 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
TTD belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
restricted Platinum content