The Toronto-Dominion Bank (TD) Forms Bearish H&S at $59.00

May 16, 2018 - By Palma Niemeyer

The Toronto-Dominion Bank (NYSE:TD) Corporate Logo

The Toronto-Dominion Bank (TD) formed a Head and Shoulders technical pattern today and has $56.64 target or 4.00 % below today’s $59.00 share price. The technical pattern shows high risk. On May, 16 the Head and Shoulders technical pattern was announced by Faxor.com. $4.33B less could be TD valuation at $56.64 share price.

Ticker’s shares touched $59 during the last trading session after 0.67% change.The Toronto-Dominion Bank has volume of 451,671 shares. Since May 16, 2017 TD has risen 15.54% and is uptrending. TD outperformed the S&P 500 by 3.99%.

On May, 24 WallStreet awaited The Toronto-Dominion Bank (NYSE:TD)’s earnings report, as reported by RTT. The EPS diference is $0.16 or 16.00 % up from last years number. Previous year: $1; Analysts forcast: $1.16. The profit will be $2.13 billion for TD if $1.16 EPS becomes true. Last quarter $1.23 EPS was reported. Analysts sees -5.69 % negative EPS growth this quarter.

For more The Toronto-Dominion Bank (NYSE:TD) news published briefly go to: Fool.com, Bizjournals.com, Fool.ca, Fool.ca or Fool.ca. The titles are as follows: “2 Stocks to Add International Exposure to Your Portfolio” published on May 15, 2018, “Survey: More than half of small businesses anticipate revenue growth” on May 11, 2018, “Are Bank Stocks a Good Bet in a Troubled Housing Market?” with a publish date: May 08, 2018, “3 Dividend Stocks I’d Buy Right Now” and the last “Why it’s Time to Back Up the Truck on Toronto-Dominion Bank Stock” with publication date: May 16, 2018.

The Toronto-Dominion Bank (NYSE:TD) Analyst Ratings Chart

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