RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SCHW
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Green day on Wednesday for The Charles Schwab Corporation
(Updated on Mar 27, 2024)

Buy candidate since Mar 20, 2024 Gain 3.89% PDF

The The Charles Schwab Corporation stock price gained 1.94% on the last trading day (Wednesday, 27th Mar 2024), rising from $71.00 to $72.38. During the last trading day the stock fluctuated 1.58% from a day low at $71.33 to a day high of $72.45. The price has risen in 6 of the last 10 days and is up by 7.82% 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, 220 thousand more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $420.75 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $73.43 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.58% during the next 3 months and, with a 90% probability hold a price between $67.69 and $77.53 at the end of this 3-month period.

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SCHW Signals & Forecast

Mostly positive signals in the chart today. The The Charles Schwab Corporation stock 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 $70.88 and $66.57. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 06, 2024, and so far it has risen 16.95%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for The Charles Schwab Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $64.31 and $63.78. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, The Charles Schwab Corporation finds support just below today's level at $64.31. If this is broken, then the next support from accumulated volume will be at $63.78 and $63.45.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.13 between high and low, or 1.58%. For the last week, the stock has had daily average volatility of 1.84%.

Our recommended stop-loss: $69.77 (-3.60%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (SCHW) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect The Charles Schwab Corporation to open at $72.05, and during the day (based on 14 day Average True Range), to move between $71.04 and $73.72, which gives a possible trading interval of +/-$1.34 (+/-1.84%) up or down from last closing price. If The Charles Schwab Corporation takes out the full calculated possible swing range there will be an estimated 3.69% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $64.31, some $8.07 (11.15%) from the current price of $72.38, our system finds the risk reward attractive.

Is The Charles Schwab Corporation stock 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 The Charles Schwab Corporation stock to perform well in the short-term.

Current score: 3.480 Buy Candidate Unchanged

Predicted Opening Price for The Charles Schwab Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$72.05 ( 0.454%) $72.38

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SCHW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 73.18 1.10 %
R2 72.75 0.507 %
R1 72.48 0.140 %
Current price: 72.38
Support S1 71.62 -1.05 %
S2 71.36 -1.41 %
S3 70.93 -2.01 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 72.38
Support S1 64.31 -11.15%
S2 63.78 -11.88%
S3 63.45 -12.34%

SCHW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 24, 2024 Feb 09, 2024 Feb 23, 2024 $0.250 0.388%
2 Jan 24, 2024 Feb 08, 2024 Feb 23, 2024 $0.250 0.388%
3 Oct 19, 2023 Nov 09, 2023 Nov 24, 2023 $0.250 0.443%
4 Jul 27, 2023 Aug 10, 2023 Aug 25, 2023 $0.250 0.430%
5 Apr 26, 2023 May 11, 2023 May 26, 2023 $0.250 0.466%

FAQ

What is the symbol for The Charles Schwab Corporation Stock and on which exchange is it traded?
The symbol for The Charles Schwab Corporation is SCHW and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell The Charles Schwab Corporation Stock?
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 The Charles Schwab Corporation stock to perform well in the short-term.

How to buy The Charles Schwab Corporation Stock?
The Charles Schwab Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy The Charles Schwab Corporation Stock.

What's the current price of The Charles Schwab Corporation Stock?
As of the end of day on the 2024-03-27, the price of an The Charles Schwab Corporation (SCHW) share was $72.38.

What is the 52-week high and low for The Charles Schwab Corporation Stock?
The 52-week high for The Charles Schwab Corporation Stock is $72.95 and the 52-week low is $45.65.

What is the market capitalization of The Charles Schwab Corporation Stock?
As of the 2024-03-27, the market capitalization of The Charles Schwab Corporation is 125.917B.

When is the next earnings date for The Charles Schwab Corporation?
The upcoming earnings date for The Charles Schwab Corporation is Apr 15, 2024.
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About The Charles Schwab Corporation

The Charles Schwab The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors f... SCHW Profile

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