We assign a technical rating of 3 out of 10 to SCHB. In the last year, SCHB was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
SCHB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 25.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SCHB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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19.00
3 important support areas can be observed.
- A support zone ranging from 25.05 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.52 from a horizontal line in the daily time frame.
- Support @19.19 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.45 to 26.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SCHB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCHB is down. |
| ChartMill Relative Strength | 69.69 | 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 | POSITIVE | The current price of SCHB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.85 | NEUTRAL | The RSI value for SCHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SCHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.51 | OVERSOLD | The low Stochastics value suggests SCHB may be oversold. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for SCHB suggests low volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for SCHB suggests a weak or negative trend. |
25.33
+0.28 (+1.12%)
SCHWAB US BROAD MARKET ETF / SCHB FAQ
What is the ChartMill technical rating of SCHWAB US BROAD MARKET ETF (SCHB) stock?
ChartMill assigns a technical rating of 3 / 10 to SCHB.
What is the current trend direction of SCHWAB US BROAD MARKET ETF (SCHB) stock?
The current trend direction for SCHWAB US BROAD MARKET ETF (SCHB) is Bullish.
What is the RSI signal for SCHWAB US BROAD MARKET ETF (SCHB) stock?
SCHWAB US BROAD MARKET ETF (SCHB) has an RSI value of 40.847. This indicates that the stock is currently neutral.
What is the buy/sell signal for SCHB stock?
The buy/sell signal for SCHWAB US BROAD MARKET ETF (SCHB) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for SCHWAB US BROAD MARKET ETF?
SCHWAB US BROAD MARKET ETF (SCHB) has a support level at 25.32 and a resistance level at 25.45. Check the full technical report for our detailed analysis of SCHB support and resistance levels.