Stock Investors Sell Off Shares of TD Ameritrade Holding, Down 1.4%

Published on Wed, 01/30/2013 - 13:23
By Robert Cotter in Market movers, AMTD, market movers, nasdaq:amtd, td ameritrade holding

TD Ameritrade Holding (NASDAQ:AMTD) is one of today's biggest movers, down 1.4% to $19.22. The Dow Jones Industrial Average is now trading fractionally higher to 13,956 and the S&P is trading fractionally lower to 1,507.

TD Ameritrade Holding (NASDAQ:AMTD) defies analysts with a current price ($19.22) 0.0% above its average consensus price target of $19.22. The stock should find initial support at its 50-day moving average (MA) of $17.11 and further support at its 200-day MA of $16.83.

TD Ameritrade Holding share prices have moved between a 52-week high of $20.59 and a 52-week low of $15.09 and are now trading 27% above that low price at $19.22 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has remained constant.

TD Ameritrade Holding Corporation provides online brokerage services. The Company, through its private client and institutional client divisions, provides tiered levels of brokerage products and services tailored to meet the varying investing, trading, and execution needs of self-directed individual investors, financial institutions, and corporations.

By Robert Cotter
rcotter@fnno.com

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