The Relative Strength (RS) Rating for Trade Desk stock climbed into a higher percentile Friday, as it got a lift from 69 to 78. The digital advertising stock rose 10% on strong Q2 earnings results.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Trade Desk stock can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Is Trade Desk Stock A Buy?
Trade Desk stock rose Friday on strong Q2 earnings beat, reclaiming its 50-day moving average. While the stock is not near a proper buying range right now, see if it manages to form and break out of a proper chart pattern.
Earnings growth moved up last quarter from 13% to 39%, but the top line fell from 28% to 26%.
Trade Desk stock holds the No. 2 rank among its peers in the Commercial Services-Advertising industry group. Criteo ADR is the No. 1-ranked stock within the group.
