THE TRADE DESK INC. - Daily - Technical analysis published on 12/21/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
28%
56%
17%
My opinion
Bearish under 95.32 USD
My targets
80.37 USD (-8.71%)
76.56 USD (-13.04%)
My analysis
The strong short-term decline in THE TRADE DESK INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 95.32 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 80.37 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 76.56 USD as an objective. Crossing it would then enable sellers to target 66.03 USD. Be careful, a return to above 95.32 USD could jeopardize the reversal.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.3
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
THE TRADE DESK INC. rating 88.04 USD. The price is lower by -2.17% since the last closing and was between 86.50 USD and 89.15 USD. This implies that the price is at +1.78% from its lowest and at -1.25% from its highest.86.50
89.15
88.04
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of THE TRADE DESK INC. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 66.03 | 80.37 | 87.53 | 88.04 | 97.11 | 111.64 |
| Change (%) | -25.00% | -8.71% | -0.58% | - | +10.30% | +26.81% |
| Change | -22.01 | -7.67 | -0.51 | - | +9.07 | +23.60 |
| Level | Major | Intermediate | Major | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.99 | 85.25 | 86.64 | 87.90 | 89.29 | 90.55 | 91.94 |
| Camarilla | 87.31 | 87.55 | 87.80 | 88.04 | 88.28 | 88.53 | 88.77 |
| Woodie | 84.07 | 85.28 | 86.72 | 87.93 | 89.37 | 90.58 | 92.02 |
| Fibonacci | 85.25 | 86.26 | 86.88 | 87.90 | 88.91 | 89.53 | 90.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.38 | 78.79 | 84.39 | 89.80 | 95.40 | 100.81 | 106.41 |
| Camarilla | 86.96 | 87.97 | 88.98 | 89.99 | 91.00 | 92.01 | 93.02 |
| Woodie | 73.48 | 78.84 | 84.49 | 89.85 | 95.50 | 100.86 | 106.51 |
| Fibonacci | 78.79 | 83.00 | 85.59 | 89.80 | 94.01 | 96.60 | 100.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.93 | 49.69 | 76.56 | 95.32 | 122.19 | 140.95 | 167.82 |
| Camarilla | 90.87 | 95.06 | 99.24 | 103.42 | 107.60 | 111.79 | 115.97 |
| Woodie | 34.98 | 51.72 | 80.61 | 97.35 | 126.24 | 142.98 | 171.87 |
| Fibonacci | 49.69 | 67.12 | 77.89 | 95.32 | 112.75 | 123.52 | 140.95 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.76 | |
| MACD (12,26,9): | -0.7900 | |
| Directional Movement: | -6.24 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 93.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 92.86 | |
| Elder Ray (13): | -4.29 | |
| Super Trend (3,10): | 106.65 | |
| Zig ZAG (10): | 88.04 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 16.54 | |
| TEMA (21): | 89.05 | |
| Williams %R (14): | -82.27 | |
| Chande Momentum Oscillator (20): | -7.85 | |
| Repulse (5,40,3): | 3.3600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 22.59 |
| MA7: | 90.21 | |
| MA20: | 95.83 | |
| MA50: | 88.76 | |
| MA100: | 82.60 | |
| MAexp7: | 90.23 | |
| MAexp20: | 92.89 | |
| MAexp50: | 89.59 | |
| MAexp100: | 84.46 | |
| Price / MA7: | -2.41% | |
| Price / MA20: | -8.13% | |
| Price / MA50: | -0.81% | |
| Price / MA100: | +6.59% | |
| Price / MAexp7: | -2.43% | |
| Price / MAexp20: | -5.22% | |
| Price / MAexp50: | -1.73% | |
| Price / MAexp100: | +4.24% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on THE TRADE DESK INC. at the time of the generation of this analysis was as follows:
- Leading OTT Players in Southeast Asia Announce Support for Unified ID 2.0
- True Influence® Partners with The Trade Desk to Make Digital Advertising More Effective
- The Trade Desk Advances Partnership with NBCUniversal
- The Trade Desk CEO, Jeff Green, Signs The Giving Pledge
- New Survey Finds Number of Marketers Planning to Use Sales Data Will Triple in the Next Year
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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