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TORONTO-DOMINION BANK - TD 3.242 PERP (TD-PF-E.CA) Stock Technical Analysis

TSX:TD-PF-E - Toronto Stock Exchange - CA8911456173 - Currency: CAD

24.58  +0.02 (+0.08%)

Technical Rating and Analysis

6

Overall TD-PF-E gets a technical rating of 6 out of 10. Although TD-PF-E is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: TD-PF-E has an average volume of 7709 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
TD-PF-E is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, TD-PF-E outperforms 68% of them, which is more or less in line with the market.
TD-PF-E is an average performer in the Banks industry, it outperforms 63% of 31 stocks in the same industry.
In the last month TD-PF-E has a been trading in a tight range between 24.16 and 24.63.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TORONTO-DOMINION BANK - TD 3.242 PERP / TD-PF-E Weekly stock chart
TORONTO-DOMINION BANK - TD 3.242 PERP / TD-PF-E Daily stock chart
Setup Rating and Analysis

8

TD-PF-E has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.56, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

23.42

25.09

We found 2 important support areas.

  • A support zone ranging from 24.20 to 24.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.66 to 23.75. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 24.63 to 24.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.68
Mansfield-0.38
10 Day High24.63
10 Day Low24.46
20 Day High24.63
20 Day Low24.16
52 Week High24.84
52 Week Low20.24
Performance
1 Week0.08%
2 Weeks0.57%
1 Month-0.22%
3 Month2.12%
6 Month3.36%
12 Month21.38%
2 Year26.05%
3 Year-1.32%
5 Year32.22%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)53.21
LBB24.42
UBB24.65
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.6424.450.19 (0.77%)25.00%
An entry @24.64. This is a Buy Stop order right above the 10 day high.An exit @24.45. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.19 points, which is 0.77%.For a 0.19% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TORONTO-DOMINION BANK - TD 3.242 PERP / TD-PF-E Daily stock chart

TORONTO-DOMINION BANK - TD 3.242 PERP

TSX:TD-PF-E (2/21/2025, 7:00:00 PM)

24.58

+0.02 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.08%
1 Week0.08%
2 Weeks0.57%
1 Month-0.22%
3 Month2.12%
6 Month3.36%
12 Month21.38%
2 Year26.05%
3 Year-1.32%
5 Year32.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.37%
ATR Inc-69.57%
Range Today0.03
ADR(20)0.06
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.68
Mansfield-0.38
10 Day High24.63
10 Day Low24.46
20 Day High24.63
20 Day Low24.16
52 Week High24.84
52 Week Low20.24
CS1 End24.56
CR1 Start24.63
Volume & EV
DER(3)0%
DER(5)0%
Volume83.53K
Volume Incr55.74%
Vol(5)17.39K
Vol(50)7.71K