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Bullish Moving Average Cross by TD Ameritrade Holding (AMTD)

By Shiri Gupta

Today, shares of TD Ameritrade Holding (NASDAQ:AMTD) have advanced above their 10-day MA of $33.24 on a volume of 4.5 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

TD Ameritrade Holding share prices have moved between a 52-week high of $39.05 and a 52-week low of $24.88 and are now trading 38% above that low price at $34.37 per share. The 200-day and 50-day moving averages have moved 0.55% lower and 0.35% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of TD Ameritrade Holding on July 19th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.49. Since that recommendation, shares of TD Ameritrade Holding have risen 11.1%. We continue to monitor AMTD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses td ameritrade holding

Ticker(s): AMTD