SCHWAB (CHARLES) CORP (SCHW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SCHW - US8085131055 - Common Stock
We assign a technical rating of 10 out of 10 to SCHW. 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.
Although SCHW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
77.84
We found 3 important support areas.
- A support zone ranging from 94.40 to 95.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.49 to 91.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 103.75 to 103.75. 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 | UP | POSITIVE | The short term trend for SCHW is up. |
| ChartMill Relative Strength | 86.54 | POSITIVE | SCHW has a high relative strength, it outperformed 86.54% 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) | 71.88 | OVERBOUGHT | The high RSI value suggests SCHW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests SCHW has a positive trend. |
| Stochastics (14,3) | 84.66 | OVERBOUGHT | The high Stochastics value suggests SCHW may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for SCHW suggests low volalility. |
| Average Directional Index/ADX (14) | 35.02 | POSITIVE | The high ADX value value for SCHW suggests a strong trend. |
103.74
+2.17 (+2.14%)
SCHWAB (CHARLES) CORP / SCHW FAQ
What is the technical rating for SCHW stock?
ChartMill assigns a technical rating of 10 / 10 to SCHW.
Can you provide the trend direction for SCHWAB (CHARLES) CORP?
The current trend direction for SCHWAB (CHARLES) CORP (SCHW) is Bullish.
What is the RSI signal for SCHW stock?
SCHWAB (CHARLES) CORP (SCHW) has an RSI value of 71.8761. This indicates that the stock is currently overbought.
What is the buy/sell signal for SCHWAB (CHARLES) CORP (SCHW) stock?
The buy/sell signal for SCHWAB (CHARLES) CORP (SCHW) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SCHWAB (CHARLES) CORP?
SCHWAB (CHARLES) CORP (SCHW) has a support level at 95.54 and a resistance level at 103.75. Check the full technical report for our detailed analysis of SCHW support and resistance levels.