{"id":51859,"date":"2026-03-20T10:27:27","date_gmt":"2026-03-20T02:27:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/the-trade-desk-struggles-to-break-a-persistent-trendline-amid-months-of-harsh-underperformance-within-technology-charts-overall\/"},"modified":"2026-03-20T10:27:27","modified_gmt":"2026-03-20T02:27:27","slug":"the-trade-desk-struggles-to-break-a-persistent-trendline-amid-months-of-harsh-underperformance-within-technology-charts-overall","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/live-updates\/the-trade-desk-struggles-to-break-a-persistent-trendline-amid-months-of-harsh-underperformance-within-technology-charts-overall\/","title":{"rendered":"The Trade Desk struggles to break a persistent trendline, amid months of harsh underperformance within technology charts overall"},"content":{"rendered":"<p>The Trade Desk (TTD) is a programmatic advertising technology platform used to buy digital ad space across the open internet. Its share price peaked near $56 in October 2025 and then moved into a steady downtrend.<\/p>\n<p>A descending trendline from the October 2025 high has acted as resistance on repeated rallies. That trendline now meets the current price area around $23\u2013$24.<\/p>\n<p>Support has formed at $21.10, where the price stabilised in early February. From there, it rose towards $32\u2013$33 before falling back again.<\/p>\n<p>A key point is whether the price can deliver a confirmed daily close above the descending trendline. If that happens, the next area to watch is $28\u2013$30.<\/p>\n<p>If the price fails to close above the trendline, attention returns to the $21.10 support level. The support has already been tested once, and another test would raise the chance of a break.<\/p>\n<p>While the trendline remains intact, the downtrend continues.<\/p>\n<p>We remember watching that downtrend from the October 2025 highs, which pinned the price down around $23. That key support at $21.10 was tested, and as we feared, it eventually gave way under pressure. The sellers clearly won that battle, breaking the stock down to a new low near $18 last month.<\/p>\n<p>The breakdown was confirmed following the Q4 earnings release in February, which showed revenue growth slowing to just 18% year-over-year, missing the street\u2019s expectations. This is being tied to recent government reports showing a 0.5% contraction in retail sales, signaling a broader pullback in advertising budgets. The stock is now attempting to stabilize around the $20 mark, well below its old support.<\/p>\n<p>For traders who believe this weakness will continue, buying puts with strike prices around $18 or $17 offers a clear way to play further downside toward the recent lows. Selling out-of-the-money call spreads, like the April $22\/$24 spread, is another option to collect premium while betting that the old $21.10 support level now acts as firm resistance. This strategy benefits from both a drop in price and the passage of time.<\/p>\n<p>If we believe the selling is exhausted and a new range is forming between $18 and $21, selling cash-secured puts below the recent low, perhaps at the $17.50 strike, could be a way to generate income. This approach expresses a view that the stock will not make new lows in the coming weeks. A more aggressive bullish play would involve buying call debit spreads to define risk, targeting a potential rebound toward that broken $21.10 level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TTD remains in downtrend; $23\u2013$24 trendline resistance key. Break targets $28\u2013$30; failure retests $21.10 support.<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-51859","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/51859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=51859"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/51859\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=51859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=51859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=51859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}