What is the Market's View on Charles Schwab Corporation Common Stock (SCHW) Stock's Price and Volume Trends Friday?

Friday, December 03, 2021 12:52 PM | InvestorsObserver Analysts

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The market has been high on Charles Schwab Corporation Common Stock (SCHW) stock recently. SCHW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Charles Schwab Corporation Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SCHW!
See Full SCHW Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SCHW Stock Today?

Charles Schwab Corporation Common Stock (SCHW) stock is trading at $79.35 as of 12:44 PM on Friday, Dec 3, a decline of -$0.77, or -0.96% from the previous closing price of $80.12. The stock has traded between $78.54 and $81.00 so far today. Volume today is less active than usual. So far 2,343,483 shares have traded compared to average volume of 5,173,146 shares. To see InvestorsObserver's Sentiment Score for Charles Schwab Corporation Common Stock click here.

More About Charles Schwab Corporation Common Stock

Charles Schwab operates in the brokerage, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $6.5 trillion of client assets at the end of 2020. Nearly all of its revenue is from the United States. Click Here to get the full Stock Report for Charles Schwab Corporation Common Stock stock.

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