SCHWAB (CHARLES) CORP (SCHW) Stock Technical Analysis
NYSE:SCHW - New York Stock Exchange, Inc. - US8085131055 - Common Stock - Currency: USD
Overall SCHW gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCHW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SCHW is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by SCHW over the past year are nicely spread over this period.
SCHW is part of the Capital Markets industry. There are 233 other stocks in this industry. SCHW outperforms 86% of them.
SCHW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SCHW has a been trading in the 87.17 - 93.35 range, which is quite wide. It is currently trading near the high of this range.
SCHW has an average volume of 7460110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SCHW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
62.31
93.97
When analyzing the support we can see 5 important areas.
- A support zone ranging from 87.24 to 88.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @73.60 from a trend line in the weekly time frame.
- Support @72.14 from a trend line in the daily time frame.
- Support @70.83 from a horizontal line in the daily time frame.
- 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 91.97 to 93.04. 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 | 87.67 | POSITIVE | SCHW has a high relative strength, it outperformed 87.67% 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) | 57.98 | NEUTRAL | The RSI value for SCHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SCHW has a negative trend. |
| Stochastics (14,3) | 74.93 | NEUTRAL | The Stochastics value for SCHW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for SCHW suggests low volalility. |
| Average Directional Index/ADX (14) | 25.42 | 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)
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 |
|---|---|---|---|
| 93.05 | 90.13 | 2.92 (3.14%) | 25.00% |
| An entry @93.05. This is a Buy Stop order right above the resistance zone. | An exit @90.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.92 points, which is 3.14%. | For a 0.78% 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.
91.61
-1.09 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.18%
1 Week-0.37%
2 Weeks0.41%
1 Month4.86%
3 Month20.3%
6 Month19.89%
12 Month47.57%
2 Year38.59%
3 Year32.67%
5 Year176.35%
10 Year162.64%
15 Year519.41%
Volatility
ATR(14)1.34
ATR(20)%1.6%
ATR Inc3.34%
Range Today1.32
ADR(20)1.41
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.67
Mansfield1.1
10 Day High93.35
10 Day Low90.14
20 Day High93.35
20 Day Low87.17
52 Week High93.35
52 Week Low61.15
CS1 End88.53
CR1 Start91.97
Volume & EV
DER(3)-1.44%
DER(5)-1.07%
Volume7.26M
Volume Incr-16.11%
Vol(5)6.61M
Vol(50)7.46M