Trade Desk Gains 1.93% Amid Volatility As Technicals Signal Tentative Recovery

The Trade Desk (TTD) concluded the most recent session with a 1.93% gain, closing at $69.33 amid volatile trading conditions.
Candlestick Theory
A reversal pattern appears to be forming near the $68-$70 zone, which aligns with recent consolidation lows. The last three sessions display a hammer candlestick (2025-06-25), followed by a bearish candle and a bullish close, suggesting indecision. Key resistance is evident near $76-$79 from the May peak, while support at $68 has been tested repeatedly over the past week, including the 2025-06-26 low of $65.55. A decisive break above $70.9 could signal bullish momentum resumption, whereas failure to hold $68 may expose the $60 support level.
Moving Average Theory
The 50-day moving average (MA) resides at approximately $78.25, above the current price, reflecting intermediate-term bearish pressure. However, the 200-day MA near $85 offers longer-term support. Notably, the 50-day MA crossed below the 100-day MA in late May, confirming a bearish intermediate trend. The price remains below all major MAs (50, 100, 200-day), underscoring entrenched downtrend dynamics. A sustained move above the 50-day MA is necessary to signal a trend reversal.
MACD & KDJ Indicators
MACD shows a bullish crossover emerging, with the signal line turning upward from deeply negative territory. Meanwhile, the KDJ oscillator has rebounded from oversold levels, with the %K line crossing above %D near 25. This confluence suggests building upside momentum. However, MACD’s histogram remains negative, indicating residual bearish pressure. Divergence is noted as KDJ signals oversold recovery while price remains near multi-month lows, hinting at potential bullish exhaustion in the downtrend.
Bollinger Bands
Volatility has expanded recently after a contraction phase in June, evidenced by band widening. Price is testing the middle Bollinger Band ($70.50), which aligns with the 20-day moving average. Failure to breach this level reinforces it as resistance. The lower band near $62 remains a critical support zone. Narrowing bands preceded the recent price swings, suggesting ongoing volatility sensitivity.
Volume-Price Relationship
Volume surged during the May sell-off, confirming capitulation near the $80 level. Recent up days (e.g., 2025-06-24’s 4.31% gain) saw higher volume than down days, supporting accumulation. However, the latest advance on 2025-06-27 featured below-average volume, raising questions about sustainability. Volume divergence here may signal weak conviction in the rebound despite positive price action.
Relative Strength Index (RSI)
The 14-day RSI currently reads 45, recovering from oversold levels below 30 in late May but still below neutral 50. While the oversold condition warned of exhaustion in the downtrend, RSI has struggled to surpass 55 during June rallies. This reflects persistent bearish momentum. A move above 50 could confirm strengthening bullish momentum, though divergence from price during minor rallies indicates fragility.
Fibonacci Retracement
Applying Fibonacci levels to the May swing high ($85.18) and June low ($65.55), key retracement zones emerge: the 38.2% level at $73.70 aligns with resistance tested on 2025-06-20 and 2025-06-25. The 50% retracement ($75.36) converges with the 50-day MA, strengthening its significance as a resistance cluster. Current price action is rejecting near the 23.6% level ($70.50), reinforcing this as immediate overhead supply.
Confluence and Divergence
Notable confluence exists at $70.50-$71, where the 23.6% Fibonacci level, Bollinger mid-band, and recent swing highs align, creating a resistance zone. Divergence between KDJ’s bullish crossover and RSI’s failure to breach 50 underscores mixed momentum signals. While MACD and KDJ support near-term upside, resistance hurdles and volume discrepancies warrant caution.
Probabilistic Outlook
The Trade Desk exhibits tentative recovery signs, but the technical structure remains bearish below key moving averages and Fibonacci barriers. A close above $71 could trigger short-term momentum toward $73.70, though sustained bullish reversal requires clearing $76 resistance and a 50-day MA breakout. Conversely, losing $68 support risks a retest of the June low near $65.55.
Note: This analysis is derived from historical patterns and probabilistic indicators; external catalysts could override technical signals.