Toronto-Dominion Bank Crosses Below its 10-day MA (TD)
Toronto-Dominion Bank (NYSE:TD) crossed under its 10-day moving average of $44.21 on a volume of 529K 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.
Over the past year, Toronto-Dominion Bank has traded in a range of $33.49 to $46.54 and is now at $43.69, 30% above that low. The 200-day and 50-day moving averages have moved 0.13% higher and 0.89% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Toronto-Dominion Bank. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Toronto-Dominion Bank in search of a potential trend change.
Keywords: moving crosses toronto-dominion bank