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Is SCHW ready to move lower? MACD Bearish Signal Line Cross shows up after dropping 0.92%

Charles Schwab Corporation (The) (SCHW) — Nightly Technical Analysis · Aug 20, 2026, 17:36 ET
On Thursday, August 20th, SCHW moved down 0.92% while volume was to 1.2× the usual levels. MACD Bearish Signal Line Cross — typically a warning sign for traders — developed during the session. Key support levels exist at 108.95, 108.05 & 106.54, with resistance at 111.36, 112.87 & 113.77. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of SCHW: A

Don’t miss other key signals SCHW triggered—view them now on SwingTradeBot.com.

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The Charles Schwab Corporation (SCHW)