THE TRADE DESK INC. - Daily - Technical analysis published on 07/20/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
61%
6%
33%
My opinion
Bullish above 46.03 USD
My targets
51.72 USD (+3.86%)
59.53 USD (+19.54%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for THE TRADE DESK INC. as long as the price remains well above 46.03 USD. The buyers' bullish objective is set at 51.72 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 59.53 USD. If there is any crossing, the next objective would be the resistance located at 74.56 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9
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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 THE TRADE DESK INC. price is 49.80 USD. On the day, this instrument gained +8.21% and was traded between 46.00 USD and 50.94 USD over the period. The price is currently at +8.26% from its lowest and -2.24% from its highest.46.00
50.94
49.80
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THE TRADE DESK INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this THE TRADE DESK INC. chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 18.02 | 27.48 | 42.43 | 49.80 | 59.53 | 74.56 | 85.27 |
| Change (%) | -63.82% | -44.82% | -14.80% | - | +19.54% | +49.72% | +71.22% |
| Change | -31.78 | -22.32 | -7.37 | - | +9.73 | +24.76 | +35.47 |
| Level | Minor | Minor | Major | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
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 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): | 57.43 | |
| MACD (12,26,9): | -0.8300 | |
| Directional Movement: | 7.54 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 43.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 39.00 | |
| Elder Ray (13): | 3.31 | |
| Super Trend (3,10): | 51.61 | |
| Zig ZAG (10): | 49.98 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 75.85 | |
| TEMA (21): | 45.09 | |
| Williams %R (14): | -7.71 | |
| Chande Momentum Oscillator (20): | 8.35 | |
| Repulse (5,40,3): | 11.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4800 | |
| Courbe Coppock: | 0.31 |
| MA7: | 44.74 | |
| MA20: | 44.82 | |
| MA50: | 47.57 | |
| MA100: | 56.95 | |
| MAexp7: | 45.61 | |
| MAexp20: | 45.47 | |
| MAexp50: | 49.06 | |
| MAexp100: | 55.59 | |
| Price / MA7: | +11.31% | |
| Price / MA20: | +11.11% | |
| Price / MA50: | +4.69% | |
| Price / MA100: | -12.55% | |
| Price / MAexp7: | +9.19% | |
| Price / MAexp20: | +9.52% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | -10.42% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on THE TRADE DESK INC. at the time of the analysis were 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
Online
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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