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

By Nick Russo

Today, shares of Schwab (Charles) (NYSE:SCHW) have advanced above their 10-day MA of $50.63 on a volume of 605K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Schwab (Charles) has traded in a range of $38.20 to $60.22 and is now at $51.32, 34% above that low. The 200-day and 50-day moving averages have moved 0.18% higher and 0.06% lower over the past week, respectively.

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