TD CDN AGGREGATE BOND INDEX ETF Gaps Up Today, Is Now One of The Best Performers

 TD CDN AGGREGATE BOND INDEX ETF Gaps Up Today, Is Now One of The Best Performers

The stock of TD CDN AGGREGATE BOND INDEX ETF (TSE:TDB) gapped up by $0.04 today and has $22.50 target or 48.00% above today’s $15.20 share price. The 7 months technical chart setup indicates low risk for the $20.47M company. The gap was reported on Nov, 2 by Barchart.com. If the $22.50 price target is reached, the company will be worth $9.83 million more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. About 23,484 shares traded hands or 664.70% up from the average. TD CDN AGGREGATE BOND INDEX ETF (TSE:TDB) has risen 6.00% since October 3, 2016 and is uptrending. It has outperformed by 3.48% the S&P500.

More recent TD CDN AGGREGATE BOND INDEX ETF (TSE:TDB) news were published by: Theglobeandmail.com which released: “TD set to offer investors 4 new ETFs” on January 08, 2016. Also Theglobeandmail.com published the news titled: “Eye on Shorts: What bearish investors are betting against” on September 06, 2016. Theglobeandmail.com‘s news article titled: “Ultimate investor guide for Generation Y: Part 2” with publication date: August 22, 2014 was also an interesting one.

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