Telephone & Data Systems Bullish Moving Average Crossover Alert (TDS)
Telephone & Data Systems (AMEX:TDS) crossed over its 10-day moving average of $31.23 on a volume of 112K 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 Systems share prices have been bracketed by a low of $20.83 and a high of $32.00 and are now at $31.71, 52% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Telephone & Data Systems and will alert subscribers who have TDS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:tds telephone & data systems