SCHWAB US SMALL-CAP ETF (SCHA) Stock Technical Analysis
NYSEARCA:SCHA - NYSE Arca - US8085246077 - ETF - Currency: USD
Taking everything into account, SCHA scores 8 out of 10 in our technical rating. Although SCHA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SCHA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.95, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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21.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.70 to 25.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.92 to 23.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.64 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.99 to 26.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @27.04 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SCHA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCHA is up. |
| ChartMill Relative Strength | 58.04 | NEUTRAL | SCHA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCHA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCHA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCHA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.99 | NEUTRAL | The RSI value for SCHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SCHA has a negative trend. |
| Stochastics (14,3) | 74.53 | NEUTRAL | The Stochastics value for SCHA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for SCHA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for SCHA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.43 | 25.69 | 0.74 (2.80%) | 25.00% |
| An entry @26.43. This is a Buy Stop order right above the resistance zone. | An exit @25.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.74 points, which is 2.80%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.96
-0.12 (-0.46%)