US stock / ETF

The Charles Schwab Corporation

SCHW · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

SCHW 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $106.41 and stabilize above resistance $110.8.

Invalidation Trigger

Break above $110.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.4, MACD -0.242

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.32 (1.26%)

4h

EMA Structure

Bearish
EMA 8$105.38Bearish
EMA 21$106.41Bearish
EMA 50$107.54Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.4 · MACD -0.242

Momentum is weak

Strength
Bearish
Volatility
ATR $1.32 · BB 5.27%

Low volatility

Strength
Bullish
Volume
MFI 42.6 · OBV -7.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$103.5 - $110.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.16% · 5.7 ATR above latest close

$112.12
Nearest resistance

+5.9% · 4.7 ATR above · 34-bar high

$110.8
Current price

Price shown is delayed

$104.63
Nearest support

-1.08% · 0.9 ATR below · 34-bar low

$103.5
Deeper support zone

-2.34% · 1.9 ATR below latest close

$102.18
ATR zone

Latest close ± ATR14

$103.31 - $105.95

Indicators

Trend

Dow Theory Structure

Confirmation $103.5, invalidation $106.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.0 / 19.4 / 38.8Bearish
Supertrend (10,3)

Price is above Supertrend

$100.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$106.34 / $107.26Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$1.32 (1.26%)Bullish
Bollinger Bands (20,2)

Width 5.27%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.06 / $103.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$103.31 / $105.95Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$110.8Range
Support

Nearest Downside Decision Level

$103.5Range

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-0.242Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.6 / 17.9Bullish
Williams %R (14)

Oversold zone

-81.4Bullish
CCI (20)

Weak expansion

-125.2Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.6Bearish
OBV slope

20-period OBV slope

-7.03%Bearish
Volume ratio

Relative to 20-period average volume

1.80xBullish

Trend

Dow Theory Structure

Confirmation $103.5, invalidation $106.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.0 / 19.4 / 38.8Bearish
Supertrend (10,3)

Price is above Supertrend

$100.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$106.34 / $107.26Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-0.242Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.6 / 17.9Bullish
Williams %R (14)

Oversold zone

-81.4Bullish
CCI (20)

Weak expansion

-125.2Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.32 (1.26%)Bullish
Bollinger Bands (20,2)

Width 5.27%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.06 / $103.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$103.31 / $105.95Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.6Bearish
OBV slope

20-period OBV slope

-7.03%Bearish
Volume ratio

Relative to 20-period average volume

1.80xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$110.8Range
Support

Nearest Downside Decision Level

$103.5Range

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