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Archive - 4/17/2025 - Sign In to see current Signals. |
Charles Schwab (SCHW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Charles Schwab (SCHW). During the week, the SCHW dropped -0.81 points, or -1.05%, and closed at 76.15 on Thursday, April 17, 2025. Weekly volume was 30% above average. SCHW is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See SCHW long-term trend chart] A long-term uptrend had started on October 4, 2011 at 10.56 and reached 96.24 on February 9, 2022. SCHW gained -85.68 points, or -811.36%, in 540 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 39.21 and resistance is at 125.39. 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 July 17, 2024 at 61.01 and reached 84.50 on February 11, 2025. SCHW gained -23.49 points, or -38.50%, in 29 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (76.71) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See SCHW weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 28, 2025. Use the following link to access a MACD help.
Short-term trend: [See SCHW short-term trend chart] A short-term downtrend had started on February 11, 2025 at 84.50 and reached 65.88 on April 7, 2025. SCHW lost 18.62 points, or 22.04%, in 55 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 64.45 and resistance is at 79.50. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See SCHW daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price is close to the moving average in the center of the Bollinger Bands. 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.
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