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Telephone & Data Bearish Moving Average Crossover Alert (TDS)

By Nick Russo

Telephone & Data (NYSE:TDS) crossed under its 10-day moving average of $26.36 on a volume of 114K 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.

In the past 52 weeks, Telephone & Data share prices have been bracketed by a low of $23.54 and a high of $37.09 and are now at $25.93, 10% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.6%.

SmarTrend is tracking the current trend status for Telephone & Data and will alert subscribers who have TDS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses telephone & data

Ticker(s): TDS