Charles Schwab stock: buy or sell

SCHW stock price: $56.21 -1.52% At close on Jan 26th, 2021

Updated on:
Jan 27th, 2021

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Charles Schwab stock brief

  • Charles Schwab stock fell -1.52% to close at $56.21 on the stock market today, after 3 consecutive sessions in negative.
  • The stock is configuring an uptrend pattern since June 2020, when it bottomed at $31.34. This rally marked a 79.36% gain
  • On January 19, Charles Schwab made public its Q4 earnings report
  • The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services.

Should I buy Charles Schwab stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $SCHW stock a buy?

Currently, Charles Schwab stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $SCHW will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Charles Schwab stock?

When you are a novel trader and you own stock shares with some profit, it's really difficult to decide the correct moment to sell and get your profits. Trading strategies let us to avoid impetuous decisions based on our moods or the buzz that surrounds the market. When selling, as well as buying, detailed setups are very easy to follow but are only valid for selling shares in your porfolio, not for selling short Charles Schwab stock

A golden rule is that you should not mantain a trade that shows a losses greater than those expected by the time of the buy. The moment to sell shares always has to be ruled by the stop-loss (automatic or manual)

Is it time to sell Charles Schwab stock?

In the current situation of Charles Schwab there is not any eligible sell setup, so Charles Schwab stock holders with operations in profit can keep their positions

Charles Schwab ratings

In the last 30 days, 6 ratings were published for Charles Schwab. General sentiment is bullish, with 4 out of 6 publishing optimistic outlooks

Charles Schwab analysts' ratings - Last 30 days
Brokerage firmRating
Jan 5th, 2021
Wolfe Research
Jan 11th, 2021
Morgan Stanley Buy
Jan 12th, 2021
Bank of America NeutralStrong buy
Jan 20th, 2021
Credit Suisse Group Neutral
Deutsche Bank Aktiengesellschaft Strong buy
Wells Fargo & Company Buy

Charles Schwab stock analysis

Charles Schwab stock started an uptrend in June 2020, and grew an amazing 79.36%. During this uptrend, the price offered some entry points on the breakouts. Latest low was in September 2020, when price bounced at $33.66. Like in all uptrends, price needs to rest and now price is moving in a range between $62.04 and $33.66

SMAs overview

SCHW stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $57.74 (2.72% above)
  • R2: $62.04 (10.37% above)
  • The current support levels are:

  • S1: $55.85 (-0.64% below)
  • S2: $55.62 (-1.05% below)
  • S3: $53.74 (-4.39% below)
  • Bollinger bands

    Since the price surpassed the upper band on January 12, the price has been corrected downwards by 9.40%

    SCHW stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on January 20 after just crossing to the overbough zone for a single day (weak signal). The RSI value on Tuesday was 52.18. Since then, Charles Schwab price sank a 5.10%

    SCHW stock RSI chart

    Charles Schwab stock price history

    Charles Schwab went public on Sep 22nd, 1987 priced at $0.00 per share1. Since then, SCHW stock has risen by -, with an average of 0.00% per year. An investment of thousand dollars on the IPO would be valued $inf nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    SCHW stock price history chart

    Price target for Charles Schwab stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions post their price forecasts based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new fundamental data by the company, and usually. If you are a small investor you should not invest based on these forecasts.

    The average price target for Charles Schwab stock calculated from the table below is $66.33. Charles Schwab closed at $56.21 on Tuesday, so the target price is predicting a growth by 18.00%.

    Charles Schwab stock price predictions
    Brokerage firmPrice target
    Jan 5th, 2021
    Wolfe Research $39.00$56.00
    Jan 11th, 2021
    Morgan Stanley $65.00$71.00
    Jan 12th, 2021
    Bank of America $52.00$68.00
    Jan 20th, 2021
    Credit Suisse Group $57.00$60.00
    Deutsche Bank Aktiengesellschaft $70.00$73.00
    Wells Fargo & Company $60.00$70.00

    Earnings and financials

    The Charles Schwab Corporation ($SCHW) came out with earnings of $0.74 per share on January 19, slightly improving the Market consensus estimate of $0.71 per share. This quarterly report represents an earnings surprise of 4.23%. On the contrary, the company said revenue for Q4 was $4.2 billion consistent with the market estimates.

    In comparing, the EPS for the same quarter last year was $0.62, so current EPS is a improvement of 19.35%. Looking at turnover, figures exploded a 60.25% compared to $26.1B same quarter 12 months ago.

    Charles Schwab ($SCHW) is presenting Q1 earnings report next April. Market forecasts of $0.67, compared to Q4 that was $0.74.

    Charles Schwab performance

    SCHW performance compared
    Company1m3m6m
    Charles Schwab ($SCHW) 7.30% 41.70% 68.80%

    Important note:
    The opinions published in this post are personal and not recommendations for you to buy or sell stocks. The author of this document does not know the individual circumstances of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for learning motives only

    Charles Schwab summary

    Tuesday, January 26th, 2021
    Open$57.49
    Close$56.21
    Day range$56.12 - $57.69
    Previous close$57.08
    Session gain-1.52%
    Average true range$2.47
    50d mov avg$52.56
    100d mov avg$45.15
    200d mov avg$40.04
    Earnings dateApril 14th, 2021

    Frequently asked questions

    What is Charles Schwab stock symbol?

    The Charles Schwab Corporation is a public company trading in the US stock market with the SCHW symbol

    Is Charles Schwab stock a buy or sell?

    Charles Schwab received 6 ratings in the last 30 days: 4 bullish, 0 bearish and 1 neutral.

    Will SCHW go up?

    Charles Schwab had different price predictions posted by market analysts in the last month forecasting the target price to $66.33. That is a 18.00% than the last price ($56.21).