TTD Rebounds from Support, Eyes $39

$Trade Desk Inc.(TTD)$

TTD Rallies +1.82%: Tech Stock Rebounds from Support, Eyeing $39 Resistance

Latest Close Data

Closed at $38.12 on 2025-12-25, up 1.82% from prior close of $37.44. The stock remains near its 52-week low of $35.65, approximately 70% below its 52-week high of $127.59.

Core Market Drivers

The digital advertising sector is stabilizing after a period of pressure from broader economic uncertainty.

Trade Desk continues to execute its strategic plan, focusing on the growth of its Unified ID 2.0 initiative as a privacy-centric solution for the post-cookie era.

Technical Analysis

Volume was 4.21M shares with a low volume ratio of 0.36, suggesting limited conviction.
The MACD histogram turned positive (0.68), indicating building upward momentum.
The 6-day RSI surged to 60.47, moving out of neutral territory and approaching overbought levels, signaling a potential near-term test of higher resistance.

Key Price Levels

Primary Support: $37.25 (recent swing low, crucial for maintaining the rebound).
Immediate Pivot: $38.12 (today's close, next move direction key).
Strong Resistance: $39.35 (recent resistance level; a break above could signal a stronger recovery).

Valuation Perspective

Forward P/E sits at 21.86, significantly below its historical average of 52.50 and near the lower bound of its standard deviation range (37.61).

This suggests the stock is trading at a discount relative to its own history, though still at a premium to broader market averages.

Analyst Targets

34 analysts have an average price target of $63.07, implying ~65% upside. Sentiment is bullish with 7 Strong Buy, 15 Buy, 11 Hold, and 5 Underperform ratings.

Weekly Outlook

Expect consolidation between $37.25 and $39.35. A decisive break above $39.35 could target the $41-$42 zone, while a failure to hold $37.25 may lead to a retest of the $35.65 low.

Risk Disclaimer

This content is for informational purposes only and not financial advice. Trading involves risk, including the potential loss of principal. Past performance does not guarantee future results. Conduct your own research before making any investment decisions.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.