SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF Forecast
SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF upgraded to Buy Candidate.
(Updated on Mar 27, 2024)
The SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF price gained 0.96% on the last trading day (Wednesday, 27th Mar 2024), rising from $35.52 to $35.86. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.96% from a day low at $35.52 to a day high of $35.86. The price has risen in 6 of the last 10 days and is up by 1.47% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 123 thousand more shares were traded than the day before. In total, 342 thousand shares were bought and sold for approximately $12.26 million.
The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 4.45% during the next 3 months and, with a 90% probability hold a price between $35.98 and $38.10 at the end of this 3-month period.
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SCHC Signals & Forecast
The SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $35.52 and $34.68. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 17, 2024, and so far it has risen 8.01%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF
SCHWAB INTERNATIONAL SMALL-CAP EQUITY finds support from accumulated volume at $34.09 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.340 between high and low, or 0.96%. For the last week the ETF has had daily average volatility of 0.539%.
Our recommended stop-loss: $34.53 (-3.70%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 49 days ago.)
Trading Expectations (SCHC) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF to open at $35.75, and during the day (based on 14 day Average True Range), to move between $35.57 and $36.15, which gives a possible trading interval of +/-$0.290 (+/-0.81%) up or down from last closing price. If SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF takes out the full calculated possible swing range there will be an estimated 1.62% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $34.09, some $1.77 (4.94%) from the current price of $35.86, our system finds the risk reward attractive.
Is SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.980 Buy Candidate Upgraded
Predicted Opening Price for SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$35.75 ( 0.316%) | $35.86 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SCHC
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 36.09 | 0.632 % | |
R2 | 35.96 | 0.270 % | ||
R1 | 35.88 | 0.0461 % | ||
Current price: | 35.86 | |||
Support | S1 | 35.62 | -0.678 % | |
S2 | 35.54 | -0.90 % | ||
S3 | 35.41 | -1.26 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 35.86 | |||
Support | S1 | 34.09 | -4.94% | |
S2 | 33.89 | -5.49% | ||
S3 | 33.51 | -6.55% |
SCHC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 06, 2023 | Dec 06, 2023 | Dec 06, 2023 | $0.86 | 2.64% |
2 | Mar 10, 2023 | Jun 21, 2023 | Jun 26, 2023 | $0.165 | 0.499% |
3 | Feb 18, 2022 | Dec 07, 2022 | Dec 12, 2022 | $0.561 | 1.77% |
4 | Dec 30, 2021 | Dec 30, 2021 | Dec 30, 2021 | $0.0160 | 0.0391% |
5 | Feb 02, 2021 | Dec 08, 2021 | Dec 13, 2021 | $1.01 | 2.54% |
FAQ
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