The Trade Desk stock trades near multi-year lows after sharp weekly decline

The Trade Desk stock trades near multi-year lows after sharp weekly decline
The Trade Desk slides 4.22% today

The Trade Desk will participate in the Cannes Lions event next week for five days of live programming.

The Trade Desk plans candid conversations and unique connections at OpenHouse on the Croisette. Details on their activities at the event are available through their provided link.

Highlights

  • TTD remains entrenched in a bearish trend, trading well below major moving averages and facing persistent seller pressure.
  • Bearish momentum dominates with all key weekly indicators signaling further downside and weak intraday rallies.
  • The stock is projected to trade between $17.60 and $18.90 next week, with failure of $18.00 support risking new multi-year lows.

Downside pressure as price trades below all major averages

TTD is currently trading at $18.16, sitting well below the MA-20 ($20.70), MA-50 ($21.75), and MA-200 ($34.08), which highlights persistent seller pressure across short-, medium-, and long-term trends. The Ichimoku Kijun (D1) stands at $20.95, acting as immediate resistance above the current price. Near-term support is found at the MA-20 ($20.70), while key support sits at the MA-50 ($21.75). Immediate resistance is the Kijun ($20.95), with key resistance at MA-100 ($23.95).

Broad-based negative momentum as sellers dominate weekly range

Momentum indicators on D1 confirm a strong bearish tone: the MACD signals "Sell," and the ADX value of 8.01 marks weak but persistent negative momentum. Oscillators are firmly oversold, with the RSI at 38.45, Stoch RSI at 5.60, and CCI at -107.03, while BBP also signals sellers are in control intraday. In today's session, TTD slipped 4.22% as the price reached the lowest point of the weekly range, underscoring the dominance of sellers. Over the past week, TTD has dropped $1.12 (5.81%) from the previous weekly close of $19.28, with weekly volatility standing at 9.00%. The stock languishes at the very bottom of the weekly range, reflecting steady, broad-based pressure.

Further downside favored as multi-year supports come under threat

For the coming week, TTD is expected to trade between $17.60 and $18.90, which keeps the range realistic and anchored just above this year's low of $18.33 and well below the 52-week high of $91.45. With all major W1 signals (RSI, ADX, MACD, MA-50) flashing "Sell" or "Strong Sell," the probability of further downside is very high (more than 80%), making upside moves far less likely. The baseline scenario sees continued sideways movement near multi-year lows. A bullish scenario would require a break above immediate resistance around $20.95, targeting next resistance around $23.95. Conversely, a bearish scenario unfolds if support near $18.00 fails, exposing TTD to fresh lows and potentially accelerating declines.

Previously it was reported that The Trade Desk was experiencing persistent downward momentum and consolidating near its 52-week low. In the current context, traders should closely monitor for any emerging technical breakouts or shifts in sentiment that could signal a reversal or continuation of the existing trend.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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