Telephone & Data Systems Inc (TDS): Price Now Near $18.97; Daily Chart Shows Downtrend on 100 Day Basis

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The Hourly View for TDS

At the time of this writing, TDS (Get Ratings)’s price is up $0.16 (0.85%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

TDS ranks 19th in terms of today’s price percentage change out of Communication stocks.

TDS’s Technical Outlook on the Daily Chart

Currently, TDS’s price is up $0.1 (0.53%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Telephone & Data Systems Inc’s price action over the past 90 days can be seen via the chart below.

TDS: Daily RSI Analysis

  • TDS’s RSI now stands at 9.5238.
  • TDS and RSI both have consistent trends, as they are both heading down.

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