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

By Shiri Gupta

Today, shares of Telephone & Data (NYSE:TDS) have crossed bearishly below their 10-day moving average of $25.70 on a volume of 473K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Telephone & Data share prices have been bracketed by a current low of $21.44 and a high of $37.09 and are now at $21.53. The 200-day and 50-day moving averages have moved 0.62% lower and 0.44% higher over the past week, respectively.

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