Toronto Dominion Bank (The) (TD) has risen sharply, recording gains of 2.24% in the past 4 weeks. However, the stock has corrected -0.82% in the past 1 week, providing a good buying opportunity on dips. Toronto Dominion Bank (The) (TD) : During the past 4 weeks, traders have been relatively bearish on Toronto Dominion Bank (The) (TD), hence the stock is down -4.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.43% relative to the S&P 500.
Toronto Dominion Bank (The) (NYSE:TD): The stock opened at $43.61 on Friday but the bulls could not build on the opening and the stock topped out at $43.70 for the day. The stock traded down to $43.24 during the day, due to lack of any buying support eventually closed down at $43.45 with a loss of -0.18% for the day. The stock had closed at $43.53 on the previous day. The total traded volume was 947,835 shares.
The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 0.61%. The Toronto-Dominion Bank has dropped 1.05% during the last 3-month period . Year-to-Date the stock performance stands at 14.23%.
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.