TD.TO The Toronto-Dominion Bank (TSX) C$132.27 08 Jan 2026: Active volume signals momentum
TD.TO stock closed at C$132.27 on the TSX on 08 Jan 2026 after a strong intraday advance of C$2.11 or 1.62% on volume of 17,178,624.00 shares. Trading was well above the 50-day average of C$120.50 and the stock tested a 52-week high of C$132.72, marking renewed investor interest in The Toronto-Dominion Bank. We examine why TD.TO moved today, how liquidity and valuation stack up in Canadian Financial Services, and what analysts and Meyka AI’s model currently project for price direction.
Price action and market context for TD.TO stock
TD.TO stock finished the session at C$132.27, up 1.62% from the prior close of C$130.16 on 08 Jan 2026. The intraday range was C$130.02 – C$132.46, and the share price sits just below the 52-week high of C$132.72. The move pushed the year-to-date change to 48.65%, showing significant outperformance versus the broader TSX Financial Services group.
Most active: volume, liquidity and trading signals
TD.TO was one of the most active names with volume of 17,178,624.00 versus average volume 6,503,857.00, a relative volume of 1.43, reflecting large institutional or block flows. High volume and a rising 50-day average (C$120.50) point to conviction behind the move. Bid-ask liquidity on the TSX and the stock’s market cap of CAD 223,899,803,026.00 support tight spreads and easy execution for larger orders.
TD.TO stock fundamentals and valuation
On fundamentals TD.TO shows trailing EPS 11.56 and a P/E of 11.35, below the Financial Services sector average P/E of 13.67, indicating a valuation discount. Key ratios include price-to-book 1.80, dividend yield 3.20%, and payout ratio 0.36. Return on equity is 17.21%, while debt-to-equity stands at 5.02, reflecting the bank’s funded structure. These figures support a conservative income case while leaving room for multiple expansion if earnings re-accelerate.
Technical setup and short-term TD.TO stock signals
Technically TD.TO is extended: RSI 83.59 flags overbought conditions while ADX 48.55 signals a strong trend. Bollinger upper band is 133.36, near today’s high, suggesting limited near-term upside without consolidation. Short-term momentum indicators favor continuation but elevated MFI 76.68 and Stochastic %K 94.82 counsel caution for fresh entrants.
Earnings, catalysts and analyst context for TD.TO stock
Upcoming catalysts include the next earnings release scheduled 26 Feb 2026 (bmo) and evolving loan-loss trends across Canadian and U.S. retail segments. Recent analyst notes and MarketBeat summaries show a current consensus price target near C$128.58 and mixed headlines on guidance and valuation MarketBeat – TD news. Institutional flows and macro credit data will likely drive short-term moves MarketBeat – TD forecast.
Meyka AI grade, forecast and positioning
Meyka AI rates TD.TO with a score of 74 out of 100 (B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target of C$134.51, a quarterly target of C$132.06, and a yearly figure of C$108.77, with longer-term targets at C$153.59 (3 years) and C$198.31 (5 years). These projections imply a near-term upside of 1.69% to the monthly target and a -17.78% gap to the one-year model price. Forecasts are model-based projections and not guarantees. For more live data see Meyka’s TD page and our AI-powered market analysis platform.
Final Thoughts
TD.TO stock closed at C$132.27 on 08 Jan 2026 with heavy volume, signaling active interest but also technically stretched conditions. Valuation remains reasonable: trailing P/E 11.35, price-to-book 1.80, and a dividend yield near 3.20% support an income-oriented case. Meyka AI’s forecast model projects C$134.51 in the next month (implied upside 1.69%) and C$153.59 in three years (implied upside 16.11%), while a one-year model point at C$108.77 implies downside -17.78%, highlighting timing sensitivity. Key near-term drivers are the 26 Feb 2026 earnings release (bmo), loan-loss trends, and U.S. retail performance. Investors should weigh current momentum against overbought technicals and use staged entry or hedged positions if adding exposure. Meyka AI provides this analysis as data-driven insight and not personal financial advice.
FAQs
What drove TD.TO stock higher today?
TD.TO stock rose on 08 Jan 2026 driven by heavy volume of 17,178,624.00 shares and a push toward the 52-week high; strong institutional flows and positive sector momentum amplified the move.
What is Meyka AI’s short-term forecast for TD.TO stock?
Meyka AI’s forecast model projects a one-month target of C$134.51 for TD.TO stock, implying a 1.69% upside versus the close at C$132.27; forecasts are model-based projections and not guarantees.
How is TD.TO stock valued versus peers?
TD.TO stock trades at trailing P/E 11.35 and price-to-book 1.80, below the Financial Services average P/E 13.67, which suggests a relative valuation discount compared with peers.
When is the next earnings date for TD.TO stock?
The Toronto-Dominion Bank’s next earnings announcement for TD.TO stock is scheduled for 26 Feb 2026 (before market open), a key catalyst for guidance and credit metrics.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
