Toronto Dominion Bank (The) (TD) : Traders are bullish on Toronto Dominion Bank (The) (TD) as it has outperformed the S&P 500 by a wide margin of 4.95% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.11%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.63% in the last 1 week, and is up 4.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.43% and the 50-Day Moving Average is 4.14%.The 200 Day SMA reached 10.56%. The Toronto-Dominion Bank is up 2.08% in the last 3-month period. Year-to-Date the stock performance stands at 19.02%.
Toronto Dominion Bank (The) (NYSE:TD): After opening at $45.24, the stock dipped to an intraday low of $45.08 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $45.46 and the buying power remained strong till the end. The stock closed at $45.27 for the day, a gain of 0.94% for the day session. The total traded volume was 1,767,308. The stocks close on the previous trading day was $44.85.
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses. U.S. Retail consists of the Banks retail and commercial banking operations operating under the brand TD Bank, Americas Most Convenient Bank, and wealth management services in the United States. Wholesale Banking provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding and investment needs of its clients. The Bank is also an online financial services firm.