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Charles Schwab Crosses Above its 10-day MA (SCHW)

By Nick Russo

Today, shares of Charles Schwab (NASDAQ:SCHW) have crossed bullishly above their 10-day moving average of $39.06 on a volume of 917K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Charles Schwab share prices have moved between a 52-week high of $43.65 and a 52-week low of $21.51 and are now trading 82% above that low price at $39.25 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.1%.

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