Charles Schwab's most recent trend suggests a bearish bias. One trading opportunity on Charles Schwab is a Bear Call Spread using a strike $75.00 short call and a strike $85.00 long call offers a potential 17.92% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $1.52 would be kept by the premium seller. The risk of $8.48 would be incurred if the stock rose above the $85.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Charles Schwab is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Charles Schwab is bearish.
The RSI indicator is at 43.37 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Charles Schwab
Charles Schwab Recognized as One of the 50 Most Community-Minded Companies in the United States
Wed, 16 Jun 2021 15:00:00 +0000
WESTLAKE, Texas, Jun 16, 2021–Charles Schwab has been named a 2021 honoree of The Civic 50 by Points of Light, the world’s largest organization dedicated to volunteer service.
Charles Schwab Client Assets Nearly Doubled in May
Tue, 15 Jun 2021 15:11:16 +0000
May was very fertile for Charles Schwab (NYSE: SCHW), which saw some of its operational and financial metrics grow considerably on a year-over-year basis during the month. In a monthly update issued yesterday, Schwab announced that its total client assets grew by 84% to $7.4 trillion during the month. Meanwhile, average interest-earning assets rose by 46%.
Schwab's (SCHW) May Metrics Improve as Markets Appreciate
Tue, 15 Jun 2021 13:21:01 +0000
Schwab (SCHW) records a 1% sequential and 84% year-over-year rise in total client assets in May 2021.
Large-Cap ETF (SCHX) Hits a New 52-Week High
Mon, 14 Jun 2021 19:59:07 +0000
The Schwab U.S. Large-Cap ETF (SCHX) hits a new 52-week high. Are more gains in store?
Hedge Funds Never Been This Bullish On The Charles Schwab Corporation (SCHW)
Mon, 14 Jun 2021 18:36:47 +0000
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
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