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Teradata Corp Crosses Below its 10-day MA (TDC)

By Shiri Gupta

Today, shares of Teradata Corp (NYSE:TDC) have fallen below their 10-day MA of $47.64 on a volume of 372K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Teradata Corp has traded in a range of $34.06 to $49.42 and is now at $45.46, 33% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.3%.

SmarTrend recommended that subscribers consider buying shares of Teradata Corp on November 7th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.90. Since that recommendation, shares of Teradata Corp have risen 27.5%. We continue to monitor TDC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses teradata corp

Ticker(s): TDC