The Charles Schwab Corporation (SCHW) : The total negative money flow of $31.49 million on Thursday indicates selling on strength. The inflow of money on upticks was $43.73 million, compared to $75.22 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.58. The negative money flow of $29.79 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $10.95 million in a block trade.The transaction value of block trade on downtick was $40.74 million. The uptick to downtick ratio was 0.27. The price action in the The Charles Schwab Corporation (SCHW) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $25.26 with a gain of $0.59 , a change of 2.39% over the previous days close. The stock registered 0.6% for the week.
The Charles Schwab Corporation (SCHW) stock is expected to deviate a maximum of $2.91 from the average target price of $31.78 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $27. The stock has recorded a 20-day Moving Average of 6.96% and the 50-Day Moving Average is 10.56%.
The Charles Schwab Corporation (NYSE:SCHW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.82 and $24.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.26, notching a gain of 2.39% for the day. The total traded volume was 16,159,197 . The stock had closed at $24.67 on the previous day.
The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries, the Company engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services to individual investors, retirement plan services and corporate brokerage services. The Advisor Services segment provides custodial, trading, and support services to independent investment advisors (IAs) and retirement business services to independent retirement plan advisors and record keepers. The Company offers a range of products to address individuals varying investment and financial needs. Its product offerings include brokerage, mutual funds, exchange-traded funds (ETFs), advice solutions, banking and trust.