Charles Schwab Corp. stock trades under the ticker SCHW & has shown recent bullishness that traders & investors should research further into.
SCHW stock closed at $79.86/share on 2/6/2023.
Charles Schwab Corp. SCHW Stock’s Technical Performance Broken Down
SCHW Stock Price: $79.86
10 Day Moving Average: $77.79
50 Day Moving Average: $80.46
200 Day Moving Average: $72.22
RSI: 51.45
MACD: -0.85
Yesterday, SCHW stock completed a bullish MACD crossover, gaining +1.06% on the day’s session.
Recent trading volumes have been above average & their RSI is neutral, but yesterday’s candlestick implies there may be some losses on the horizon, which could lead to a more favorable entry.
They have support at the $79.76 & $77.90/share price level, as they look to break out above the $$80.45 & $80.96/share resistance levels.
Charles Schwab Corp. SCHW Stock As A Long-Term Investment
Long-term oriented investors will like SCHW stock’s 22.36 P/E (ttm), but may find their 5.46 P/B (mrq) to be a bit rich.
They recently reported 16.8% Quarterly Revenue Growth Y-o-Y, with 24.6% Quarterly Earnings Growth Y-o-Y.
Their balance sheet looks appealing, with $91.14B of Total Cash (mrq) & $26.43B of Total Debt (mrq).
SCHW stock pays a 1.06% dividend, which appears to be sustainable in the long-run, as their payout ratio is 24%.
88.37% of SCHW stock’s outstanding share float is owned by institutional investors.
Charles Schwab Corp. SCHW Stock As A Short-Term Trade Using Options
Traders with a shorter time horizon can trade options to profit from SCHW stock’s price movements, while protecting their portfolio from volatility.
I am looking at the contracts with the 3/17 expiration date.
The $75, $77.50 & $72.50 call options are all in-the-money, listed from the highest to lowest level of open interest.
The $80, $85 & $82.50 puts are also all in-the-money, with the former being more liquid than the latter strikes.
Tying It All Together
SCHW stock has many interesting attributes that traders & investors will find appealing.
Investors will like their balance sheet & safe dividend yield.
Traders will like their recent technical performance & how liquid their options are.
All-in-all, it is worth taking a closer look into SCHW stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OR OPTIONS POSITIONS AROUND SCHW STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***