The Trade Desk, Inc. | TTD

Daily Technical Analysis of The Trade Desk, Inc.

The Trade Desk had a nice pop today and is currently up 3.75% we'll see if the cash keeps flowing in.

Currently TTD isn't at a clear support/resistance line that seems tradable. But let's also consider momentum! The Trade Desk has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the Application Software company has grown 88.15 percent which isn't too bad. TTD might find some support at the 75.23 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for The Trade Desk By Price Target And Rating

The analysts feel fairly neutral on the prospects for The Trade Desk but a little more positive than negative. The current Analysts Sentiment Score is 20.87. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Needham & Company LLC announced that they are reiterating a rating of Buy on 2024-02-22 and they set their price target at $100.00. Truist Financial decided to move up their price target on 2024-02-16 to $100.00 which is a 25% increase. Susquehanna boosted their price targ by 46.67% to $110.00 on 2024-02-16. Oppenheimer gave a boost to their price target and moved to $105.00 from $85.00 on 2024-02-16. KeyCorp provided a price target boost of 19.05% to $100.00 from $84.00 on 2024-02-16. On 2024-02-16 Stifel Nicolaus increased their price target by 25% to $100.00. Piper Sandler gave a boost to their price target and moved to $105.00 from $80.00 on 2024-02-16. BMO Capital Markets provided a price target boost of 21.59% to $107.00 from $88.00 on 2024-02-16. Benchmark provided a price target boost of 31.25% to $42.00 from $32.00 on 2024-02-16. Stephens reiterated a rating of Overweight on 2024-02-16 and they set their price target at $85.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for The Trade Desk

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for The Trade Desk

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.