TORONTO-DOMINION BANK (TD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TD - CA8911605092 - Common Stock
Taking everything into account, TD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TD has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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77.35
We found 4 important support areas.
- A support zone ranging from 87.32 to 87.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.56 from a trend line in the daily time frame.
- Support @80.43 from a horizontal line in the daily time frame.
- Support @78.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.62 to 96.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TD is up. |
| ChartMill Relative Strength | 91.92 | POSITIVE | TD has a high relative strength, it outperformed 91.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.39 | NEUTRAL | The RSI value for TD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests TD has a negative trend. |
| Stochastics (14,3) | 56.74 | NEUTRAL | The Stochastics value for TD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for TD suggests low volalility. |
| Average Directional Index/ADX (14) | 47.47 | POSITIVE | The high ADX value value for TD suggests a strong trend. |
94.28
-0.32 (-0.34%)
TORONTO-DOMINION BANK / TD FAQ
What is the ChartMill technical rating of TORONTO-DOMINION BANK (TD) stock?
ChartMill assigns a technical rating of 10 / 10 to TD.
What is the current trend direction of TORONTO-DOMINION BANK (TD) stock?
The current trend direction for TORONTO-DOMINION BANK (TD) is Bullish.
Can you provide the RSI signal for TORONTO-DOMINION BANK?
TORONTO-DOMINION BANK (TD) has an RSI value of 64.3901. This indicates that the stock is currently neutral.
What is the MACD signal for TD stock?
The MACD indicator for TORONTO-DOMINION BANK (TD) has a value of -0.359222, indicating a bearish trend.
What is the buy/sell signal for TORONTO-DOMINION BANK (TD) stock?
The buy/sell signal for TORONTO-DOMINION BANK (TD) is buy as both the short term and long term trends are positive.