THE TRADE DESK INC. - 1H - Technical analysis published on 07/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 49.64 USD
My targets
52.11 USD (+4.12%)
55.86 USD (+11.61%)
My analysis
The bullish trend is currently very strong on THE TRADE DESK INC.. As long as the price remains above the support at 49.64 USD, you could try to benefit from the boom. The first bullish objective is located at 52.11 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 55.86 USD as an objective. Crossing it would then enable buyers to target 59.53 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
THE TRADE DESK INC. rating 50.05 USD. On the day, this instrument gained +8.76% and was traded between 46.00 USD and 50.94 USD over the period. The price is currently at +8.80% from its lowest and -1.75% from its highest.46.00
50.94
50.05
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of THE TRADE DESK INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 42.43 | 46.87 | 49.64 | 50.05 | 52.11 | 55.86 | 59.53 |
| Change (%) | -15.22% | -6.35% | -0.82% | - | +4.12% | +11.61% | +18.94% |
| Change | -7.62 | -3.18 | -0.41 | - | +2.06 | +5.81 | +9.48 |
| Level | Major | Major | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.77 | 42.67 | 44.34 | 45.24 | 46.91 | 47.81 | 49.48 |
| Camarilla | 45.31 | 45.55 | 45.78 | 46.02 | 46.26 | 46.49 | 46.73 |
| Woodie | 42.17 | 42.86 | 44.74 | 45.43 | 47.31 | 48.00 | 49.88 |
| Fibonacci | 42.67 | 43.65 | 44.26 | 45.24 | 46.22 | 46.83 | 47.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.20 | 35.10 | 39.10 | 43.00 | 47.00 | 50.90 | 54.90 |
| Camarilla | 40.93 | 41.65 | 42.38 | 43.10 | 43.82 | 44.55 | 45.27 |
| Woodie | 31.25 | 35.13 | 39.15 | 43.03 | 47.05 | 50.93 | 54.95 |
| Fibonacci | 35.10 | 38.12 | 39.98 | 43.00 | 46.02 | 47.88 | 50.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.68 | 30.51 | 36.20 | 46.03 | 51.72 | 61.55 | 67.24 |
| Camarilla | 37.62 | 39.05 | 40.47 | 41.89 | 43.31 | 44.74 | 46.16 |
| Woodie | 18.61 | 29.48 | 34.13 | 45.00 | 49.65 | 60.52 | 65.17 |
| Fibonacci | 30.51 | 36.44 | 40.10 | 46.03 | 51.96 | 55.62 | 61.55 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 72.84 | |
| MACD (12,26,9): | 1.5800 | |
| Directional Movement: | 27.38 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 48.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 45.69 | |
| Elder Ray (13): | 2.54 | |
| Super Trend (3,10): | 46.27 | |
| Zig ZAG (10): | 49.91 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 91.77 | |
| TEMA (21): | 49.55 | |
| Williams %R (14): | -12.04 | |
| Chande Momentum Oscillator (20): | 6.42 | |
| Repulse (5,40,3): | 3.5400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3200 | |
| Courbe Coppock: | 18.98 |
| MA7: | 44.71 | |
| MA20: | 44.82 | |
| MA50: | 47.57 | |
| MA100: | 56.95 | |
| MAexp7: | 48.64 | |
| MAexp20: | 46.52 | |
| MAexp50: | 45.10 | |
| MAexp100: | 44.97 | |
| Price / MA7: | +11.94% | |
| Price / MA20: | +11.67% | |
| Price / MA50: | +5.21% | |
| Price / MA100: | -12.12% | |
| Price / MAexp7: | +2.90% | |
| Price / MAexp20: | +7.59% | |
| Price / MAexp50: | +10.98% | |
| Price / MAexp100: | +11.30% |
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:
- Thinking about trading options or stock in United Airlines, PepsiCo, Target, Trade Desk, or Taiwan Semiconductor?
- The Trade Desk and Albertsons Media Collective Pioneer New Approach to Retail Media on Open Internet and Beyond
- Thinking about trading options or stock in Meta Platforms, Best Buy, JPMorgan Chase, Trade Desk, or Roku?
- The Trade Desk Reports First Quarter 2022 Financial Results
- The Trade Desk Adds More Publishers to OpenPath, Enabling Advertisers to Directly Access Premium Publisher Inventory
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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