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Teradata Crosses Below its 10-day MA (TDC)

By Nick Russo

Today, shares of Teradata (NYSE:TDC) have fallen below their 10-day MA of $28.50 on a volume of 225K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower 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 26% above that low price at $27.77 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 recommended that subscribers consider buying shares of Teradata on March 3rd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $25.96. Since that recommendation, shares of Teradata have risen 10.3%. 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