Charles Schwab Corporation Common Stock (SCHW) stock is up 7.48% over the past week and gets a Bullish rating from InvestorsObserver's 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!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With SCHW Stock Today?
Charles Schwab Corporation Common Stock (SCHW) stock is down -2.39% while the S&P 500 is up 0.62% as of 1:32 PM on Thursday, May 28. SCHW is lower by -$0.88 from the previous closing price of $37.09 on volume of 3,707,475 shares. Over the past year the S&P 500 is up 9.02% while SCHW is lower by -15.38%. SCHW earned $2.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.08.
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 mutual fund business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $3 trillion of client assets. Nearly all of its revenue is from the United States.
