SCHWAB (CHARLES) CORP (SCHW) Stock Technical Analysis
NYSE:SCHW - US8085131055 - Common Stock
95.84 USD
-1.25 (-1.29%)
96.28 USD
+0.44 (+0.46%)
Overall SCHW gets a technical rating of 10 out of 10. 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SCHW did better than 85% of all other 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 238 other stocks in this industry. SCHW outperforms 83% 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.
SCHW has an average volume of 8592670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SCHW has a been trading in a tight range between 94.35 and 99.42.
Besides having an excellent technical rating, SCHW also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 96.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.53, a Stop Loss order could be placed below this zone.
More info and screens
62.31
99.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 94.54 to 95.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @87.36 from a horizontal line in the weekly time frame.
- Support @75.16 from a trend line in the weekly time frame.
- Support @62.94 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 96.02 to 98.69. 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 | NEUTRAL | NEUTRAL | The short term trend for SCHW is neutral. |
| ChartMill Relative Strength | 85.09 | POSITIVE | SCHW has a high relative strength, it outperformed 85.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SCHW is below 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) | 49.53 | NEUTRAL | The RSI value for SCHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests SCHW has a negative trend. |
| Stochastics (14,3) | 44.42 | NEUTRAL | The Stochastics value for SCHW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for SCHW suggests low volalility. |
| Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for SCHW suggests a weak or negative 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 |
|---|---|---|---|
| 96.24 | 94.53 | 1.71 (1.78%) | 25.00% |
| An entry @96.24. This is a Buy Stop order right above the 10 day moving average. | An exit @94.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.71 points, which is 1.78%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SCHW. Please evaluate whether better entry and exit points can be found.
- 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.
95.84
-1.25 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.29%
1 Week0.01%
2 Weeks-0.28%
1 Month0.32%
3 Month8.49%
6 Month20.51%
12 Month47.22%
2 Year62.03%
3 Year35.08%
5 Year169.74%
10 Year215.47%
15 Year651.1%
Volatility
ATR(14)1.75
ATR(20)%1.78%
ATR Inc-2.86%
Range Today2.41
ADR(20)1.64
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield0.88
10 Day High97.53
10 Day Low94.35
20 Day High99.42
20 Day Low94.35
52 Week High99.59
52 Week Low61.16
CS1 End95.53
CR1 Start96.02
Volume & EV
DER(3)-1.11%
DER(5)0.63%
Volume8.83M
Volume Incr-16.19%
Vol(5)6.84M
Vol(50)8.59M