SCHB, US ETF: buyers regain control
SCHB (+1%): buyers retake control with the bounce off the 20-day average
SCHB, US ETF: buyers regain control
Our view last week
SCHB, the broad US stock market ETF, slipped 0.7% this week as sellers took over the latest session, following weeks of fading buyer dominance. This SCHB technical analysis shows the trend still holding higher, though price is boxed tight against the highs, squeezed between a nearby resistance and support. The trade is up 8.88%.
This week's summary
SCHB, the broad US stock market ETF, is back in the buyers' hands: after last week's seller scare, a bounce off the 20-day moving average lifts buy volume to 90% and the price adds 1% on the session. This SCHB technical analysis shows the weekly trend still holding higher, though the ADX shows the underlying push losing some conviction. The trade is up 9.99% since entry.
IQS Phase
56
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#90 / 120
US stocks in progress
Trade P&L %
+9.99%
from signal to date, no stop loss
Rank position
ranks 90th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
SCHB belongs to the etf broad sector (reference ETF ).
restricted Platinum content