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Charles Schwab Bullish Moving Average Crossover Alert (SCHW)

By Nick Russo

Charles Schwab (NASDAQ:SCHW) shares have crossed bullishly above their 10-day moving average of $39.13 on a volume of 494K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Charles Schwab have traded between a low of $21.51 and a high of $43.65 and are now at $39.42, which is 83% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.5%.

SmarTrend is tracking the current trend status for Charles Schwab and will alert subscribers who have SCHW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Charles Schwab

Ticker(s): SCHW