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

The Charles Schwab Corporation (SCHW) : Mondays money flow data in The Charles Schwab Corporation (SCHW) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $28.56 million, whereas, $24.93 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.15, in favor of the bulls. The total money flow into the stock was $3.63 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $2.76 million. The total value of block trades done on upticks was $4.47 million. The value of bearish trades on downticks was only $1.71 million.The up/down ratio in the block trades was a healthy 2.62 in favor of the bulls, suggesting strong buying in the stock by large traders. The Charles Schwab Corporation (SCHW) fell $0.05 and traded at $26.99, down -0.17% for the day, over previous days close. On a weekly basis, the shares are 4.88% over the previous weeks close.


The Charles Schwab Corporation has dropped 5.83% during the last 3-month period . Year-to-Date the stock performance stands at -17.29%. Shares of The Charles Schwab Corporation appreciated by 5.12% during the last five trading days but lost 4.95% on a 4-week basis. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Schwab Charles Corp, Adams John K Jr, had purchased 4,900 shares in a transaction dated on May 31, 2016. The transaction was executed at $30.61 per share with total amount equaling $149,989.

The Charles Schwab Corporation (NYSE:SCHW): stock turned positive on Monday. Though the stock opened at $27.6, the bulls momentum made the stock top out at $27.61 level for the day. The stock recorded a low of $26.81 and closed the trading day at $27.1, in the green by 0.26%. The total traded volume for the day was 9,533,723. The stock had closed at $27.03 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.