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SCHB Stock Schwab US Broad Market ETF™ (SCHB, $61.65) RSI Indicator left the overbought zone on May 15, 2024

A.I.dvisor
at Tickeron.com
05/16/24
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SCHB - Schwab US Broad Market ETF™
RSI signal
Bearish Trend
Odds of DOWN Trend
Tickeron
RSI signal
Price: $61.65
Daily change: +$0.71 (+1.17%)
Daily volume: 790.1K
Net Assets: $28B
This is a signal that SCHB's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 50 similar cases where SCHB's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:

SCHB in -0.73% downward trend, sliding for three consecutive days on November 14, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SCHB declined for three days, in of 243 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for SCHB moved out of overbought territory on November 14, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 51 similar instances where the indicator moved out of overbought territory. In of the 51 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

SCHB broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on SCHB as a result. In of 71 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 SCHB just turned positive on November 07, 2024. Looking at past instances where SCHB's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SCHB advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 444 cases where SCHB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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SCHB
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General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Large Blend
Address
Schwab Strategic Trust101 Montgomery StreetSan Francisco
Phone
1-800-435-4000
Web
www.csimfunds.com.