TCF Financial Corporation (TCB) Shares are Up 0.21%

TCF Financial Corporation (TCB) has been under a strong bear grip, hence the stock is down -1.23% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.04% in the past 1 week. The stock has risen by 0.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.76% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.18% and the 50-Day Moving Average is 2.71%.The 200 Day SMA reached 11.62%


TCF Financial Corporation (NYSE:TCB): After opening at $14.29, the stock dipped to an intraday low of $14.21 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.57 and the buying power remained strong till the end. The stock closed at $14.51 for the day, a gain of 2.18% for the day session. The total traded volume was 1,009,636. The stocks close on the previous trading day was $14.51.

TCF Financial Corporation (TCB) : The highest level TCF Financial Corporation (TCB) is projected to reach is $16 for the short term and the lowest estimate is at $14. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $14.63 and the possibility the share price can swing is $0.69.

TCF Financial Corporation (TCF) is a bank holding company. The Companys principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Lending, Funding and Support Services. Lending includes consumer real estate, commercial real estate and business lending, leasing and equipment finance, inventory finance and auto finance. Funding includes branch banking and treasury services, which includes the Companys investment and borrowing portfolios and management of capital, debt and market risks, including interest rate and liquidity risks. Support Services includes Holding Company and corporate functions. TCF Banks subsidiaries principally engage in leasing, inventory finance and auto finance activities. TCF delivers retail banking products in over 40 states; commercial leasing and equipment finance business in all 50 states; commercial inventory finance business in all 50 states and Canada and indirect auto finance business in all 50 states.

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