SCHX: residual capital running, trailing stop
SCHX rises 1.1% as buyers retake control of the tape
SCHX: residual capital running, trailing stop
Our view last week
SCHX's rally keeps losing steam: price gives back 0.6% this week, with sellers still firmly in control of volume (73%) and the MACD histogram turning negative for the first time in a month. SCHX, the Schwab US large-cap broad market ETF, is this week's technical analysis subject: momentum has all but flattened out and the ADX keeps sliding. The trade still stands at +8.8% since entry.
This week's summary
SCHX, the Schwab US large-cap broad market ETF, bounces off the daily EMA20 and closes the week up 1.1%, with buyers back in firm control of volume (89%) after a soft patch. The ADX keeps sliding, though, a sign the trend is struggling to find fresh conviction. The trade's residual capital, still fully in the game, is up 10% since entry: our weekly technical analysis now tracks the story week by week.
IQS Phase
57
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#89 / 120
US stocks in progress
Trade P&L %
+10.01%
from signal to date, no stop loss
Rank position
ranks 89th 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
SCHX belongs to the etf broad sector (reference ETF ).
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