SCHWAB (CHARLES) CORP (SCHW) Stock Technical Analysis
USA - NYSE:SCHW - US8085131055 - Common Stock
92.09 USD
+1.06 (+1.16%)
92.15 USD
+0.06 (+0.07%)
Taking everything into account, SCHW scores 7 out of 10 in our technical rating. In the last year, SCHW was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SCHW has a been trading in the 90.50 - 97.74 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that SCHW is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by SCHW over the past year are nicely spread over this period.
SCHW is one of the better performing stocks in the Capital Markets industry, it outperforms 79% of 237 stocks in the same industry.
SCHW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SCHW is lagging the market slightly.
SCHW has an average volume of 9121390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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 92.05, a Stop Loss order could be placed below this zone.
More info and screens
62.31
99.68
We found 3 important support areas.
- A support zone ranging from 91.03 to 92.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.95 from a trend line in the weekly 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 97.08 to 98.69. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for SCHW is down. |
| ChartMill Relative Strength | 80.6 | POSITIVE | SCHW has a high relative strength, it outperformed 80.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCHW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SCHW is below 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) | 41.95 | NEUTRAL | The RSI value for SCHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests SCHW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.3 | OVERSOLD | The low Stochastics value suggests SCHW may be oversold. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHW suggests some volalility. |
| Average Directional Index/ADX (14) | 24.46 | NEUTRAL | The ADX value for SCHW suggests a possible start of a new 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 |
|---|---|---|---|
| 93.18 | 91.02 | 2.16 (2.32%) | 25.00% |
| An entry @93.18. This is a Buy Stop order right above the 10 day moving average. | An exit @91.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.16 points, which is 2.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- 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.
92.09
+1.06 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.16%
1 Week-0.16%
2 Weeks-4.29%
1 Month-3.83%
3 Month3.23%
6 Month17.48%
12 Month40.83%
2 Year67.74%
3 Year28.13%
5 Year154.18%
10 Year222.44%
15 Year562.52%
Volatility
ATR(14)2.14
ATR(20)%2.1%
ATR Inc-13.55%
Range Today1.64
ADR(20)1.92
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.6
Mansfield0.11
10 Day High97.74
10 Day Low90.5
20 Day High97.74
20 Day Low90.5
52 Week High99.59
52 Week Low62.41
CS1 End92.05
CR1 Start97.08
Volume & EV
DER(3)0.4%
DER(5)-0.31%
Volume14.50M
Volume Incr16.97%
Vol(5)10.84M
Vol(50)9.12M