RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TD.TO
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Toronto-Dominion Bank stock downgraded from Buy Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 1.03% PDF

The Toronto-Dominion Bank stock price gained 1.52% on the last trading day (Wednesday, 27th Mar 2024), rising from $81.04 to $82.27. During the last trading day the stock fluctuated 1.17% from a day low at $81.34 to a day high of $82.29. The price has risen in 6 of the last 10 days and is up by 0.43% over the past 2 weeks. Volume fell on the last day by -10 million shares and in total, 6 million shares were bought and sold for approximately $486.07 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.23% during the next 3 months and, with a 90% probability hold a price between $74.75 and $81.63 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TD.TO Signals & Forecast

The Toronto-Dominion Bank stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $81.26 and $80.83. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 4.67%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Wednesday, February 28, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, February 28, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Toronto-Dominion Bank stock

Toronto-Dominion Bank finds support from accumulated volume at $81.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.95 between high and low, or 1.17%. For the last week the stock has had daily average volatility of 1.00%.

Our recommended stop-loss: $78.58 (-4.49%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (TD.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Toronto-Dominion Bank to open at $81.97, and during the day (based on 14 day Average True Range), to move between $81.34 and $83.20, which gives a possible trading interval of +/-$0.93 (+/-1.13%) up or down from last closing price. If Toronto-Dominion Bank takes out the full calculated possible swing range there will be an estimated 2.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $83.07 (0.97%) than the support at $81.37 (1.09%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Toronto-Dominion Bank stock A Buy?

Toronto-Dominion Bank holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.747 Hold/Accumulate Downgraded

Predicted Opening Price for Toronto-Dominion Bank of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$81.97 ( 0.369%) $82.27

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TD.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 82.92 0.786 %
R2 82.55 0.345 %
R1 82.33 0.0724 %
Current price: 82.27
Support S1 81.60 -0.81 %
S2 81.38 -1.08 %
S3 81.02 -1.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 85.69 4.16 %
R2 85.64 4.10 %
R1 83.07 0.97 %
Current price 82.27
Support S1 81.37 -1.09%
S2 81.04 -1.50%
S3 80.49 -2.16%

TD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Apr 08, 2024 Apr 30, 2024 $1.02 1.24%
2 Nov 30, 2023 Jan 09, 2024 Jan 31, 2024 $1.02 1.25%
3 Oct 05, 2023 Oct 05, 2023 Oct 31, 2023 $0.96 1.24%
4 Jul 07, 2023 Jul 07, 2023 Jul 31, 2023 $0.96 1.10%
5 Apr 05, 2023 Apr 05, 2023 Apr 30, 2023 $0.96 1.17%

FAQ

What is the symbol for Toronto-Dominion Bank Stock and on which exchange is it traded?
The symbol for Toronto-Dominion Bank is TD.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Toronto-Dominion Bank Stock?
Toronto-Dominion Bank holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Toronto-Dominion Bank Stock?
Toronto-Dominion Bank Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Toronto-Dominion Bank Stock.

What's the current price of Toronto-Dominion Bank Stock?
As of the end of day on the 2024-03-27, the price of an Toronto-Dominion Bank (TD.TO) share was $82.27.

What is the 52-week high and low for Toronto-Dominion Bank Stock?
The 52-week high for Toronto-Dominion Bank Stock is $87.10 and the 52-week low is $75.89.

What is the market capitalization of Toronto-Dominion Bank Stock?
As of the 2024-03-27, the market capitalization of Toronto-Dominion Bank is 145.791B.

When is the next earnings date for Toronto-Dominion Bank?
The upcoming earnings date for Toronto-Dominion Bank is May 23, 2024.
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About Toronto-Dominion Bank

Toronto-Dominion Bank The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and ... TD.TO Profile

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