SCHWAB US LARGE-CAP ETF (SCHX) Stock Technical Analysis
NYSEARCA:SCHX - US8085242019 - ETF
25.57 USD
-0.16 (-0.62%)
25.5797 USD
+0.01 (+0.04%)
Taking everything into account, SCHX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SCHX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SCHX is one of the better performing stocks in the market, outperforming 71% of all stocks. On top of that, SCHX also shows a nice and consistent pattern of rising prices.
SCHX 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.
SCHX has an average volume of 10896000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SCHX has a been trading in a tight range between 24.78 and 25.74.
SCHX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.52, a Stop Loss order could be placed below this zone.
More info and screens
19.37
25.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.35 to 25.52. 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 24.63 to 24.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.81 from a horizontal line in the daily time frame.
- Support @21.01 from a trend line in the weekly time frame.
- Support @19.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.58 to 25.73. 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 SCHX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCHX is up. |
| ChartMill Relative Strength | 71.4 | POSITIVE | SCHX has a high relative strength, it outperformed 71.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCHX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCHX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.64 | NEUTRAL | The RSI value for SCHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SCHX has a negative trend. |
| Stochastics (14,3) | 90.34 | OVERBOUGHT | The high Stochastics value suggests SCHX may be overbought. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for SCHX suggests low volalility. |
| Average Directional Index/ADX (14) | 18.95 | NEGATIVE | The low ADX value for SCHX 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 |
|---|---|---|---|
| 25.74 | 25.34 | 0.40 (1.55%) | 25.00% |
| An entry @25.74. This is a Buy Stop order right above the resistance zone. | An exit @25.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.40 points, which is 1.55%. | For a 0.39% 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.
25.57
-0.16 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.62%
1 Week0.04%
2 Weeks0.39%
1 Month3.82%
3 Month9.74%
6 Month8.76%
12 Month15.09%
2 Year44%
3 Year63.74%
5 Year82.27%
10 Year224.29%
15 Year514.42%
Volatility
ATR(14)0.2
ATR(20)%0.83%
ATR Inc9.06%
Range Today0.2
ADR(20)0.19
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.4
Mansfield0.02
10 Day High25.74
10 Day Low25.04
20 Day High25.74
20 Day Low24.78
52 Week High25.74
52 Week Low19
CS1 End25.52
CR1 Start25.58
Volume & EV
DER(3)-2.3%
DER(5)-0.54%
Volume15.23M
Volume Incr-9.78%
Vol(5)11.29M
Vol(50)10.90M