Shares of TD Ameritrade Holding Corporation (AMTD) Sees Large Outflow of Money

TD Ameritrade Holding Corporation (AMTD) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (6.23 million) in TD Ameritrade Holding Corporation (AMTD). On Thursday, The value of composite uptick trades was $12.63 million, whereas, the value of composite downtick trades was $18.85 million and the ratio between the two was 0.67, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $8.5 million. $2.17 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.26. The negative money flow of ($6.33 million) shows selling on strength. TD Ameritrade Holding Corporation (AMTD) gained $0.55 intraday at $27.55 and registrered 2.04% for the week.


TD Ameritrade Holding Corporation (AMTD) : The most positive equity analysts on TD Ameritrade Holding Corporation (AMTD) expects the shares to touch $37, whereas, the least positive believes that the stock will trade at $29 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $32.78 with an expected fluctuation of $2.22 from the mean. The stock has recorded a 20-day Moving Average of 5.13% and the 50-Day Moving Average is 7.92%.

TD Ameritrade Holding Corporation (NYSE:AMTD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.14 and $27.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.55, notching a gain of 2.04% for the day. The total traded volume was 4,132,770 . The stock had closed at $27.00 on the previous day.

TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.

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