The market has been high on Charles Schwab Corporation Common Stock (SCHW) stock recently. SCHW gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 has fallen -0.36% while the S&P 500 is higher by 0.91% as of 11:57 AM on Thursday, Jul 16. SCHW has fallen -$0.13 from the previous closing price of $35.69 on volume of 3,952,436 shares. Over the past year the S&P 500 has gained 7.41% while SCHW has fallen -14.58%. SCHW earned $2.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.86.
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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 $4 trillion of client assets at the end of 2019. Nearly all of its revenue is from the United States.
