SCHWAB US BROAD MARKET ETF (SCHB) Technical Analysis
NYSEARCA:SCHB • US8085241029
Current stock price
SCHB Technical Rating and Analysis
Overall SCHB gets a technical rating of 1 out of 10. SCHB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- SCHB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SCHB is performing more or less in line with the market.
- SCHB has an average volume of 11356800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, SCHB outperforms 64% of them, which is more or less in line with the market.
- In the last month SCHB has a been trading in the 24.28 - 26.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SCHB Weekly and Daily overview Charts
SCHB Setup Rating and Analysis
Although the technical rating is bad, SCHB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.06, a Stop Loss order could be placed below this zone.
More info and screens
SCHB Support and Resistance Analysis
24.15
We found 2 important support areas.
- A support zone ranging from 25.05 to 25.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.39 to 24.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.42 to 26.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SCHB Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SCHB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCHB is down. |
| ChartMill Relative Strength | 64.35 | NEUTRAL | SCHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCHB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCHB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SCHB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.23 | NEUTRAL | The RSI value for SCHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SCHB has a positive trend. |
| Stochastics (14,3) | 56.34 | NEUTRAL | The Stochastics value for SCHB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for SCHB suggests low volalility. |
| Average Directional Index/ADX (14) | 40.02 | POSITIVE | The high ADX value value for SCHB suggests a strong trend. |
SCHB Chart- and CandleStick Pattern Analysis
SCHB Technicals: Chart, Performance Metrics, Trend & Indicators
25.33
+0.03 (+0.12%)
SCHWAB US BROAD MARKET ETF / SCHB TA FAQ
What is the ChartMill technical rating of SCHWAB US BROAD MARKET ETF (SCHB) stock?
ChartMill assigns a technical rating of 1 / 10 to SCHB.
What is the trend direction for SCHB stock?
The current trend direction for SCHWAB US BROAD MARKET ETF (SCHB) is Bearish.
Can you provide the RSI signal for SCHWAB US BROAD MARKET ETF?
SCHWAB US BROAD MARKET ETF (SCHB) has an RSI value of 46.2331. This indicates that the stock is currently neutral.
What is the short term momentum for SCHWAB US BROAD MARKET ETF (SCHB) stock?
The short term momentum for SCHWAB US BROAD MARKET ETF (SCHB) is negative.
What is the buy/sell signal for SCHWAB US BROAD MARKET ETF (SCHB) stock?
The buy/sell signal for SCHWAB US BROAD MARKET ETF (SCHB) is sell as both the short term and long term trends are negative.