SCMB Schwab Municipal Bond ETF Forecast, Technical & Fundamental Analysis

SCMB saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for SCMB moved out of overbought territory on January 07, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 22 similar instances where the indicator exited the overbought zone. In of the 22 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

SCMB moved below its 50-day moving average on January 03, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SCMB crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 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 .

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

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SCMB's RSI Oscillator exited the oversold zone, of 11 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on SCMB as a result. In of 26 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SCMB just turned positive on January 06, 2025. Looking at past instances where SCMB's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .