TMCnet News
Downgrade Alert for TD Ameritrade Holding (AMTD)May 20, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- TD Ameritrade Holding (NASDAQ:AMTD) was downgraded from Market Perform to Underperform at Keefe Bruyette today. The stock closed yesterday at $22.76 on volume of 3.0 million shares, below average daily volume of 3.6 million. 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. In the past 52 weeks, shares of TD Ameritrade Holding have traded between a low of $15.09 and a high of $22.89 and are now at $22.48, which is 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.9%. Based on a current price of $22.48, TD Ameritrade Holding is currently 8.7% above its average consensus analyst price target of $20.53. The stock should discover initial support at its 50-day moving average (MA) of $20.44 and subsequent support at its 200-day MA of $17.96. SmarTrend is monitoring the recent change of momentum in TD Ameritrade Holding. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of TD Ameritrade Holding in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |