NYSE
On the weekly chart, SCHW has been moving sideways between $61.53 and $93.16 since 27 Mar 2022.
Since 2019, NasdaqScan has found 3 sideways ranges in SCHW. Completed ranges lasted 1288 days on average, from 1183 to 1393 days. Of those 2, 2 broke upward. The current range is 51% wide from low to high. The latest retest signal NasdaqScan detected in SCHW was in the week of 6 Oct 2019, below the earlier $37.83 – $48.23 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Charts are only kept for recent signals, so there is no chart for this signal.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| $61.53 – $93.16 | 27 Mar 2022 | Open | — | — |
| $37.83 – $48.23 | 23 Dec 2018 | 16 Oct 2022 (1393 days) | Broke above the range at $77.04 | 6 Oct 2019 (Go ahead) |
| $37.83 – $47.01 | 21 Jul 2019 | 16 Oct 2022 (1183 days) | Broke above the range at $77.04 | — |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.