SCHWAB (CHARLES) CORP (SCHW)

US8085131055 - Common Stock

74.99  +0.1 (+0.13%)

After market: 74.96 -0.03 (-0.04%)

Technical Rating and Analysis

10

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 89% of all stocks.
SCHW is part of the Capital Markets industry. There are 210 other stocks in this industry. SCHW outperforms 91% of them.
SCHW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SCHW is leading the market.
In the last month SCHW has a been trading in the 69.47 - 75.55 range, which is quite wide. It is currently trading near the high of this range.
SCHW has an average volume of 7294150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SCHW Weekly chart
SCHW Daily chart
Setup Rating and Analysis

7

SCHW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 73.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

48.45

75.98

We found 4 important support areas.

  • A support zone ranging from 71.66 to 73.77. 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 69.13 to 70.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @51.40 from a trend line in the weekly time frame.
  • Support @48.94 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 75.00 to 75.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.24
Mansfield1.16
10 Day High75.55
10 Day Low70.37
20 Day High75.55
20 Day Low69.47
52 Week High75.55
52 Week Low45.65
Performance
1 Week2.14%
2 Weeks7.08%
1 Month3.66%
3 Month17.1%
6 Month49.62%
12 Month43.55%
2 Year13.06%
3 Year6.52%
5 Year63.81%
10 Year182.45%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)69.33
LBB69.56
UBB76.41
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
75.2471.653.59 (4.77%)20.96%
An entry @75.24. This is a Buy Stop order right above the resistance zone.An exit @71.65. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.59 points, which is 4.77%.For a 1.00% total portfolio risk, you can invest 20.96% 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.
SCHW Daily chart

SCHWAB (CHARLES) CORP

NYSE:SCHW (4/26/2024, 4:20:56 PM)

After market: 74.96 -0.03 (-0.04%)

74.99

+0.1 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.13%
1 Week2.14%
2 Weeks7.08%
1 Month3.66%
3 Month17.1%
6 Month49.62%
12 Month43.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.69
ATR(20)%2.04%
ATR Inc
Range Today0.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High75.55
10 Day Low70.37
20 Day High75.55
20 Day Low69.47
52 Week High75.55
52 Week Low45.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.56M
Volume Incr-1.68%
Vol(5)7.21M
Vol(50)7.29M