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Schwab (Charles) Bullish Moving Average Crossover Alert (SCHW)

By Nick Russo

Schwab (Charles) (NYSE:SCHW) shares have crossed bullishly above their 10-day moving average of $41.05 on a volume of 353K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Schwab (Charles) have traded between a low of $34.58 and a high of $49.24 and are now at $41.37, which is 20% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses schwab (charles)

Ticker(s): SCHW