The Trade Desk Surges 5.43% on Walmart Pact Reaffirmation as $0.91 Billion Volume Ranks 82nd in Market Activity

On August 18, 2025, The Trade Desk (TTD) surged 5.43% with a trading volume of $0.91 billion, ranking 82nd in market activity. The rally follows a strategic reaffirmation of its partnership with Walmart, which addressed investor concerns over potential competition from Amazon. Technical indicators remain mixed, with the stock stabilizing near critical support at $50.21 while facing resistance at $54-$57 levels.

The stock’s recent rebound coincided with a press release clarifying Walmart’s commitment to expand their collaboration, countering earlier speculation of renegotiation. This development reversed a prior 6.9% drop, though bearish momentum persists through broken moving averages and an oversold RSI. Volume patterns suggest accumulation at $50-$52, contrasting with distribution risks below $50.

Key technical levels include the 50-day EMA at $74 and a 23.6% Fibonacci retracement at $67.17. A sustained break above $55-$57 would require stronger volume confirmation to validate a broader recovery. Meanwhile, the 14-day RSI at 18.35 indicates short-term oversold conditions, though historical context suggests caution amid a dominant long-term downtrend.

Backtesting a volume-based trading strategy from 2022 to the present shows a total profit of $2,340, with a cumulative return of 23.4%. This suggests modest effectiveness in capturing short-term momentum but underscores the conservative nature of such approaches in high-volatility environments.