Emerging markets ETF · open long, week 24
SCHE slips 1.2%: MACD stays below its signal line while money flow keeps climbing
Our view last week
A role-reversal week for SCHE, the Schwab emerging markets ETF: seven days ago price slipped with 98% of volume on the buy side, now it rises 0.4% with 64% of trading going to sellers. SCHE technical analysis adds a weekly MACD that has dropped below its signal line, while money flow has stayed positive for 8 weeks. Price action is indecisive, with price boxed in the 37 area between two daily averages. The swing trading position sits at +2.8% since entry.
This week's summary
SCHE, the Schwab emerging markets ETF, loses 1.2% in a week that still closes in the upper half of its range, the reverse of seven days ago. SCHE technical analysis stays split: the weekly MACD sits below its signal line for a 2nd week and the histogram has been falling for 4, while money flow has been positive for 9 weeks and keeps rising. Price action lacks direction, with the ADX sliding for 15 weeks. For swing trading, the weekly buy signal is still live, at +1.6% since entry.
IQS Phase
51
ordinary
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#77 / 93
US stocks in progress
Trade P&L %
+1.61%
from signal to date, no stop loss
SCHE Emerging Markets weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 77th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 33 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