• Return to Headlines

Telephone & Data Crosses Above its 10-day MA (TDS)

By James Quinn

Today, shares of Telephone & Data (NYSE:TDS) have crossed bullishly above their 10-day moving average of $24.83 on a volume of 140K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Telephone & Data share prices have been bracketed by a low of $23.54 and a high of $37.09 and are now at $24.99, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.6% while the 200-day MA has slid 0.5%.

SmarTrend is tracking the current trend status for Telephone & Data and will alert subscribers who have TDS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses telephone & data

Ticker(s): TDS