Emerging markets ETF, trade in active management
SCHE rises 1.8% this week as buyers step back in
Emerging markets ETF, trade in active management
Our view last week
SCHE, Schwab's emerging markets equity ETF, closed the week almost flat but under pressure: sellers dominated 93% of volume, yet the price is holding, pinned between the 100-day moving average just above and the 20-week moving average just below. In the background, a double bottom in the 35 area has already produced a 7% rebound, while the weekly ADX is sliding and the trend loses conviction.
This week's summary
After a week spent under pressure, buyers on Schwab's emerging markets equity ETF retake control: 88% of volume shifts to the buy side, weekly momentum turns positive and RSI climbs back to 55. Yet the price remains capped by a sequence of lower highs in the 36-37 area, and the underlying trend, as measured by the ADX, keeps losing conviction.
IQS Phase
54
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#100 / 120
US stocks in progress
Trade P&L %
+0.14%
from signal to date, no stop loss
Rank position
ranks 100th 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
SCHE belongs to the etf broad sector (reference ETF ).
restricted Platinum content