Shares of The Charles Schwab Corporation (SCHW) Sees Large Inflow of Net Money Flow

The Charles Schwab Corporation (SCHW) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $12.46 million worth of transactions were on upticks, whereas, the downticks accounted for $8.82 million worth of transactions. The net money flow was a positive $3.64 million and the uptick to downtick ratio was 1.41. The net money flow into the stock was $2.3 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $2.3 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. The Charles Schwab Corporation (SCHW) was trading at $30.63, down $0.1 during day. The stock slid -0.33% over the previous days close. For the week, the stock recorded -0.13% over the previous weeks close.


The Charles Schwab Corporation has dropped 0.22% in the last five trading days, however, the shares have posted positive gains of 0.03% in the last 4 weeks. The Charles Schwab Corporation is up 23.05% in the last 3-month period. Year-to-Date the stock performance stands at -4.98%.

The Charles Schwab Corporation (SCHW) : Zacks Investment Research ranks The Charles Schwab Corporation (SCHW) as 2, which is a Buy recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.88, which indicates as a Buy.

The Charles Schwab Corporation (NYSE:SCHW): The stock opened at $31 and touched an intraday high of $31.09 on Wednesday. During the day, the stock corrected to an intraday low of $30.62, however, the bulls stepped in and pushed the price higher to close in the green at $31.06 with a gain of 1.07% for the day. The total traded volume for the day was 4,705,241. The stock had closed at $30.73 in the previous trading session.

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.

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