Teradata Bullish Moving Average Crossover Alert (TDC)
Teradata (NYSE:TDC) crossed over its 10-day moving average of $28.50 on a volume of 1.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Teradata share prices have moved between a 52-week high of $45.65 and a 52-week low of $21.98 and are now trading 35% above that low price at $29.60 per share. 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 is monitoring the recent change of momentum in Teradata. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Teradata in search of a potential trend change.
Keywords: moving crosses Teradata