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Archive - 6/5/2026 - 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 a first positive week for the Charles Schwab (SCHW). During the week, the SCHW gained 1.49 points, or 1.71%, and closed at 88.84 on Friday, June 5, 2026. Weekly volume was 21% above average. SCHW is a member of Financials Sector. Financials is the 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 107.50 on February 10, 2026. SCHW gained -96.94 points, or -917.99%, in 749 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 41.54 and resistance is at 135.90. 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 107.50 on February 10, 2026. SCHW gained -62.50 points, or -138.89%, in 152 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 83.41 and resistance is at 112.71. 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 Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is below its signal line since February 13, 2026. The distance between MACD and the signal line is relatively high, but getting smaller. 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 April 15, 2026 at 100.76 and reached 83.96 on May 28, 2026. SCHW lost 16.80 points, or 16.67%, in 43 days. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (89.49). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a short-term trend.
Daily Technical Indicators: [See SCHW daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. A Parabolic SAR (stop and reversal) indicator (89.03) comes close to the price (88.84). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. 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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