US broad market ETF · Sell signal, week 3
SCHB slips 0.2% and stays within reach of its highs: the Sell signal finds no push
Our view last week
After two down weeks, SCHB, the ETF tracking the whole universe of US stocks, closes up 0.9% with buyers in the majority for a 4th straight week. The sell signal that fired seven days ago still has no push, with signal strength stuck at 2 out of 100, and price is climbing back toward the Inversion Point, in the 30 area. The weekly price action is indecisive: for swing trading, this technical analysis calls for caution, and the quality band flags trading as not recommended.
This week's summary
A near-flat week for SCHB, the ETF tracking the whole universe of US stocks: -0.2% after the +0.9% of 7 days ago, with price still 1.8% below its all-time high. The Sell signal isn't taking off: signal strength stays at 2 out of 100 and the Inversion Point, in the 30 area, sits just above. In this SCHB technical analysis the weekly price action is indecisive and the ADX has fallen for 5 weeks: for swing trading, the quality band still flags trading as not recommended.
IQS Phase
65
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#170 / 175
US stocks sell signals
Trade P&L %
-0.68%
from signal to date, no stop loss
SCHB US Total Market weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 170th among the 175 sell signals for US stocks in our ranking, with a signal strength of 2 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 ).
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