SCHR Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Bottom SCHR on October 10, 2024, netting in a 0.13% gain over 1 month

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SCHR - Schwab Intermediate-Term US Trs ETF™

Ticker: SCHR

Company: Schwab Intermediate-Term US Trs ETF™

Gain from shortening: +0.13%

Confirmed: 10/10/24

Succeeded: 10/10/24

Total length: 52 days

SCHR in downward trend: 10-day moving average broke below 50-day moving average on October 11, 2024

The 10-day moving average for SCHR crossed bearishly below the 50-day moving average on October 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for SCHR turned negative on November 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SCHR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for SCHR entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SCHR's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

SCHR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.