Stocks With Rising Relative Strength: Trade Desk

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The Relative Strength ( RS ) Rating for Trade Desk ( TTD ) jumped into a new percentile Tuesday, as it got a lift from 69 to 72.

[ibd-display-video id=2102289 width=50 float=left autostart=true] This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to the rest of the market.

History shows that the best-performing stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Trade Desk can continue to rebound and hit that benchmark.

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While it's not currently an ideal time to invest, see if the stock manages to form a consolidation and break out.

Trade Desk showed 46% EPS growth in the latest quarterly report. Sales increased 50%.

Trade Desk holds the No. 4 rank among its peers in the Commercial Services-Advertising industry group. Techtarget ( TTGT ) is the No. 1-ranked stock within the group.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: RS , TTD , TTGT

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