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Takip Edin: @UscMarketsTD Stock Forecast & The Toronto-Dominion Bank Chart Analysis
This article provides a detailed analysis of TD-The Toronto-Dominion Bank stock including a forecast for TD shares. It features The Toronto-Dominion Bank technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
TD Historical Data Review
TD Current Price Performance Analysis
The The Toronto-Dominion Bank - TD stock traded on the American stock market, on 06-05-2024, closed at 55.97$ with a %0.61 increased compared to the previous day.
In the last month, the price of TD changed by %1.82 increased in value, from 54.97 dollars on 05-06-2024 to 55.97 dollars, increased.
Last year, the price of TD was 58.15 dollars on 06-06-2023, and changed by %-3.75 decreased in value, to 55.97 dollars decreased within a year.
The price of The Toronto-Dominion Bank stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
TD with AI Stock Forecast & Price Target
On the TD chart The Toronto-Dominion Bank price was recorded as 55.97 Dollars on 06/05/2024.
The artificial intelligence's forecast on TD stock is as follows.
The artificial intelligence's prediction error margin for TD stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for The Toronto-Dominion Bank stock over the next 4 months is: 46.3 Dollars.
The commentary on TD stock Target Price: Highest: 53.978 Dollars is predicted.
The commentary on TD stock Target Price: Lowest: 42.847 Dollars is predicted.
Resistance Price where The Toronto-Dominion Bank stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 46.547 |
| 12-27-2024 | 47.745 |
Support Price where The Toronto-Dominion Bank stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 44.534 |
| 11-07-2024 | 44.591 |
| 03-17-2025 | 42.847 |
The commentary on TD stock: The target price can generally be said to be on the decline.
The commentary on TD stock: Fluctuations in the target price can be expected in the coming days.
The target price for The Toronto-Dominion Bank stock by the end of 2024 is predicted to be 47.745 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TD stock, and the 2024 target price predictions for The Toronto-Dominion Bank are detailed above.
The technical analysis and charts for the commentary on TD stock are below.
TD Support & Resistance and Trend Analysis
TD stock you have reviewed the technical analysis support resistance charts regarding.
TD : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TD review, the The Toronto-Dominion Bank support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
The Toronto-Dominion Bank Support and Resistance Prices:
| TD Support Level Price | TD Resistance Level Price |
|---|---|
| 54.12 | 56.58 |
| 54.52 | 57.40 |
| 55.86 | 59.50 |
| 56.59 | 60.82 |
| 57.31 | 60.93 |
| 58.58 | 61.00 |
| 58.71 | 61.02 |
| 58.88 | 61.95 |
| 59.01 | 62.33 |
| 59.80 | 65.12 |
TD Technical Analysis: SMA, RSI, MACD
Upon reviewing the TD chart, buy and sell signals have been generated in the The Toronto-Dominion Bank technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for TD stock are as follows:- The technical analysis for TD indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for The Toronto-Dominion Bank issued a 'Buy' signal when the MACD was at -0.547, with the current MACD value being: -0.547
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for The Toronto-Dominion Bank stock: Click here to read more predictions on The TJX Companies stock.
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