Charles Schwab: the signal holds, but room is narrowing
Charles Schwab adds 0.4% and holds its buy signal a step from record highs
Charles Schwab: the signal holds, but room is narrowing
Our view last week
Charles Schwab stock stalls a hair from its all-time high: after last week's 6.3% rally, this week closes with a 1.5% pullback, as volume contracts and buyer dominance fades. Charles Schwab technical analysis: earnings land this week, an event worth watching on a still-young buy signal.
This week's summary
Charles Schwab is back near its all-time high, but the push is starting to lose some shine: on the last weekly candle, buyer dominance has faded, an early sign of fatigue after a long rally. Charles Schwab technical analysis: setup quality climbs to 78 out of 100, a tension phase, with barely 5% of room left before the next historical resistance. The buy signal, fired three weeks ago, is holding.
IQS Phase
78
in tension
Signal Strength
55
medium
Sizing
STANDARD
Ranking
#55 / 124
US stocks in progress
Trade P&L %
+5.12%
from signal to today
Rank position
ranks 55th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 55 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly +0.09% · monthly +4.82%
SCHW belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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