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Teradata Bearish Moving Average Crossover Alert (TDC)

By James Quinn

Today, shares of Teradata (NYSE:TDC) have fallen below their 10-day MA of $31.46 on a volume of 347K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Teradata have traded between a low of $21.98 and a high of $45.65 and are now at $31.05, which is 41% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Teradata on July 20th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.82. Since that recommendation, shares of Teradata have risen 13.8%. We continue to monitor TDC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Teradata

Ticker(s): TDC