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Charles Schwab: 14-week sell signal, strength at rock bottom

Charles Schwab Corp has carried an active sell signal for 14 weeks, but strength has collapsed to 2 out of 100. The market has not confirmed the setup over the past 3 weeks: the picture calls for patience before considering new short operations.

In Summary
Charles Schwab Corp carries an active sell signal 14 weeks in, but strength has collapsed to 2 out of 100. Three observation weeks closed sideways with no market confirmation: our model flags trading as not recommended. The 77th place out of 80 US sell signals in the ranking speaks for itself.
Sell signal in observation ·13th week from start ·US stocks ·T2
IQS Phase
78
in tension
Signal Strength
2
low · fading
Sizing
MINIMUM
Ranking
#77 / 80
US stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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