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- 10/16/2026 -
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Charles Schwab (SCHW) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is oversold
Daily :The price is below the lower Bollinger BandWilliams' Percentage Range is oversold20 Day Moving Average has crossed above the 50 Day Moving Average
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It was the negative week for the Charles Schwab (SCHW). During the week, the SCHW dropped -4.74 points, or -4.90%, and closed at 91.96 on Friday, October 16, 2026. Weekly volume was 17% above average.

Long-term trend: [See SCHW long-term trend chart]
A long-term uptrend had started on October 4, 2011 at 10.56 and reached 114.53 on August 24, 2026. SCHW gained -103.97 points, or -984.56%, in 776 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 42.30 and resistance is at 139.30. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See SCHW medium-term trend chart]
A medium-term uptrend had started on March 13, 2023 at 45.00 and reached 114.53 on August 24, 2026. SCHW gained -69.53 points, or -154.51%, in 180 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 88.61 and resistance is at 118.70. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See SCHW weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since September 25, 2026. Use the following link to access a MACD help.

Short-term trend: [See SCHW short-term trend chart]
A short-term uptrend had started on October 15, 2026 at 91.38 and reached 94.61 on October 16, 2026. SCHW gained -3.23 points, or -3.53%, in 1 days. The price is now at the 82.04% retracement level.

Daily Technical Indicators: [See SCHW daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since October 14, 2026. The distance between MACD and the signal line is low and getting smaller.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.06
Williams' Percentage Range (W%R) 86.50
Oversold
Lane's Stochastic (%D-Slow) 36.38
Greed/Fear Indicator (GFI) 26.97
Moving Average Converg./Diverg. (MACD) -2.57
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.90
Williams' Percentage Range (W%R) 68.70
Lane's Stochastic (%D-Slow) 15.88
Oversold
Greed/Fear Indicator (GFI) 30.08
Moving Average Converg./Diverg. (MACD) 2.59
Trading Signals
Description Value Chart
50 Day Moving Average 104.44
Upper Bollinger Band 103.85
20 Day Moving Average 97.76
Parabolic System 97.45
Weekly Stochastic Crossing 93.44
Daily Stochastic Crossing 93.43
Lower Bollinger Band 92.53
Price 91.96
Quarterly Trendline Support 88.61
Sector and Industry
Description Name Rank
Sector Financials 4
Industry Investment Banking & Brokerage 16
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 91.38
Low Date 10/15/2026
High 94.61
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 114.53
High Date 08/24/2026
Low 91.38
Low Date 10/15/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 83.96
Low Date 05/28/2026
High 114.53
High Date 08/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 118.70
Support 88.61
Low 45.00
Low Date 03/13/2023
High 114.53
High Date 08/24/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 139.30
Support 42.30
Low 10.56
Low Date 10/04/2011
High 114.53
High Date 08/24/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.