SCHWAB (CHARLES) CORP (SCHW) Stock Technical Analysis
NYSE:SCHW - New York Stock Exchange, Inc. - US8085131055 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SCHW. Both in the recent history as in the last year, SCHW has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SCHW is part of the Capital Markets industry. There are 230 other stocks in this industry. SCHW outperforms 87% of them.
SCHW 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 SCHW is performing more or less in line with the market.
SCHW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SCHW has an average volume of 10126900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SCHW is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SCHW has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
62.31
90.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 87.31 to 87.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 70.83 to 71.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.94 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 87.63 to 89.23. 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 SCHW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCHW is up. |
| ChartMill Relative Strength | 86.35 | POSITIVE | SCHW has a high relative strength, it outperformed 86.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCHW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCHW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCHW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.47 | NEUTRAL | The RSI value for SCHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SCHW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.56 | NEUTRAL | The Stochastics value for SCHW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for SCHW suggests low volalility. |
| Average Directional Index/ADX (14) | 30.19 | POSITIVE | The high ADX value value for SCHW suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
87.4
+0.09 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.1%
1 Week-1.45%
2 Weeks3.47%
1 Month9.33%
3 Month8.65%
6 Month7.56%
12 Month20.94%
2 Year65.88%
3 Year24.68%
5 Year143.39%
10 Year176.15%
15 Year434.88%
Volatility
ATR(14)1.46
ATR(20)%1.76%
ATR Inc-21.85%
Range Today1.73
ADR(20)1.45
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.35
Mansfield1.58
10 Day High89.85
10 Day Low84.06
20 Day High89.85
20 Day Low79.3
52 Week High89.85
52 Week Low61.01
CS1 End87.39
CR1 Start87.63
Volume & EV
DER(3)-0.1%
DER(5)-0.15%
Volume6.16M
Volume Incr-19.34%
Vol(5)6.73M
Vol(50)10.13M