RSI low/high Values: [ 25 - 80 ]
* 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
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Stronger technical forecast for Toronto Dominion Bank (The) stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Toronto Dominion Bank (The) stock price fell by -0.429% on the last day (Thursday, 28th Mar 2024) from $60.64 to $60.38. During the last trading day the stock fluctuated 1.08% from a day low at $60.13 to a day high of $60.78. The price has risen in 6 of the last 10 days and is up by 0.55% over the past 2 weeks. Volume has increased on the last day by 969 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $159.07 million.

The stock lies in the middle of a wide and 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 -4.12% during the next 3 months and, with a 90% probability hold a price between $54.21 and $60.00 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 Signals & Forecast

The Toronto Dominion Bank (The) 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 $60.04 and $59.81. 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 4.27%. Further rise is indicated until a new top pivot has been found. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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

Toronto Dominion Bank (The) finds support from accumulated volume at $59.76 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 $0.650 between high and low, or 1.08%. For the last week the stock has had daily average volatility of 1.13%.

Our recommended stop-loss: $57.93 (-4.06%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (TD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Toronto Dominion Bank (The) to open at $60.43, and during the day (based on 14 day Average True Range), to move between $59.58 and $61.18, which gives a possible trading interval of +/-$0.80 (+/-1.33%) up or down from last closing price. If Toronto Dominion Bank (The) takes out the full calculated possible swing range there will be an estimated 2.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $60.80 (0.70%) than the support at $59.76 (1.03%), 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 (The) stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.821 Buy Candidate Upgraded

Predicted Opening Price for Toronto Dominion Bank (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$60.43 ( 0.0828%) $60.38

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

Trading levels for TD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 61.08 1.16 %
R2 60.83 0.748 %
R1 60.68 0.494 %
Current price: 60.38
Support S1 60.18 -0.328 %
S2 60.03 -0.582 %
S3 59.78 -0.99 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 64.42 6.69 %
R2 61.98 2.65 %
R1 60.80 0.696 %
Current price 60.38
Support S1 59.76 -1.03%
S2 59.65 -1.21%
S3 59.08 -2.15%

TD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Apr 08, 2024 Apr 30, 2024 $0.752 1.25%
2 Dec 01, 2023 Jan 09, 2024 Jan 31, 2024 $0.751 1.24%
3 Aug 24, 2023 Oct 05, 2023 Oct 31, 2023 $0.699 1.25%
4 May 25, 2023 Jul 07, 2023 Jul 31, 2023 $0.718 1.09%
5 Mar 02, 2023 Apr 05, 2023 Apr 30, 2023 $0.714 1.18%

FAQ

What is the symbol for Toronto Dominion Bank (The) Stock and on which exchange is it traded?
The symbol for Toronto Dominion Bank (The) is TD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Toronto Dominion Bank (The) Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Toronto Dominion Bank (The) Stock?
Toronto Dominion Bank (The) 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 (The) Stock.

What's the current price of Toronto Dominion Bank (The) Stock?
As of the end of day on the 2024-03-28, the price of an Toronto Dominion Bank (The) (TD) share was $60.38.

What is the 52-week high and low for Toronto Dominion Bank (The) Stock?
The 52-week high for Toronto Dominion Bank (The) Stock is $66.15 and the 52-week low is $54.69.

What is the market capitalization of Toronto Dominion Bank (The) Stock?
As of the 2024-03-28, the market capitalization of Toronto Dominion Bank (The) is 107.46B.

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

Toronto Dominion Bank (The) 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 Profile

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