SCHWAB (CHARLES) CORP (SCHW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SCHW - US8085131055 - Common Stock
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.
Although SCHW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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77.13
We found 4 important support areas.
- Support @98.57 from a horizontal line in the daily time frame.
- A support zone ranging from 93.11 to 94.62. 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 @77.91 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 98.83 to 98.83. 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 | 82.82 | POSITIVE | SCHW has a high relative strength, it outperformed 82.82% 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) | 66.71 | NEUTRAL | The RSI value for SCHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests SCHW has a positive trend. |
| Stochastics (14,3) | 91.52 | OVERBOUGHT | The high Stochastics value suggests SCHW may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for SCHW suggests low volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for SCHW suggests a possible start of a new trend. |
98.82
+1.59 (+1.64%)
SCHWAB (CHARLES) CORP / SCHW FAQ
What is the technical rating for SCHW stock?
ChartMill assigns a technical rating of 10 / 10 to SCHW.
What is the trend direction for SCHW stock?
The current trend direction for SCHWAB (CHARLES) CORP (SCHW) is Bullish.
What is the RSI signal for SCHWAB (CHARLES) CORP (SCHW) stock?
SCHWAB (CHARLES) CORP (SCHW) has an RSI value of 66.7138. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SCHWAB (CHARLES) CORP?
The buy/sell signal for SCHWAB (CHARLES) CORP (SCHW) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SCHW stock?
SCHWAB (CHARLES) CORP (SCHW) has a support level at 98.57 and a resistance level at 98.83. Check the full technical report for our detailed analysis of SCHW support and resistance levels.