Bullboard - Stock Discussion Forum Toronto-Dominion Bank TDOPF

Primary Symbol: T.TD Alternate Symbol(s): TD | T.TD.PF.A | TDBCP | T.TD.PF.B | TDBKF | T.TD.PF.C | T.TD.PF.D | T.TD.PF.E | TDOMF | T.TD.PF.I | T.TD.PF.J | TNTTF | T.TD.PF.M

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial... see more

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TSX:TD - Post Discussion

Toronto-Dominion Bank > Oversold

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Post by retiredcf on Mar 13, 2023 10:52am

Oversold

And more so this morning. GLTA

The S&P/TSX Composite endured a bit of a beating for the trading week ending with Friday’s close, falling 3.9 per cent. This wiped out more than half of the year to date return which is now 2.6 per cent.

Relative Strength Index (RSI) for the benchmark at 32 leaves it far closer to the oversold, technically attractive buy signal of 30 than the overbought, RSI sell signal of 70.

Real estate and financials dominate the list of 26 index stocks trading at oversold levels below the RSI buy signal of 30. First Capital REIT is the most oversold stock in the benchmark. Toronto-Dominion Bank, Bank of Montreal and Brookfield Corp. are also among the ten most oversold companies in the index.

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