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Market Reactions to Charles Schwab Corporation Common Stock (SCHW) Stock Getting a Bearish Rating

Thursday, June 11, 2020 01:50 PM | InvestorsObserver Analysts

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Market Reactions to Charles Schwab Corporation Common Stock (SCHW) Stock Getting a Bearish Rating

Charles Schwab Corporation Common Stock (SCHW) stock has fallen 11.68% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,bearish
Charles Schwab Corporation Common Stock has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SCHW!

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.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With SCHW Stock Today?

Charles Schwab Corporation Common Stock (SCHW) stock is trading at $36.81 as of 1:50 PM on Thursday, Jun 11, a decline of -$1.31, or -3.44% from the previous closing price of $38.12. The stock has traded between $36.34 and $37.57 so far today. Volume today is below average. So far 5,647,657 shares have traded compared to average volume of 10,523,485 shares.

To screen for more stocks like 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 $4 trillion of client assets at the end of 2019. Nearly all of its revenue is from the United States.

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