Yesterday, we looked at a Monthly Price Chart for Dell Technologies, Inc., noting that the stock’s 1-Month Price is trading above the 10-Month SMA.
For today’s Trade of the Day we will be looking at a Daily Price chart for Charles Schwab Corp. stock symbol: SCHW.
Before breaking down SCHW’s daily price chart let’s first review which products and services are offered by the company.
The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor, retirement plan, and mutual fund clearing services.
Now, let’s begin to break down the Daily Price chart for SCHW. Below is a Daily Price Chart with the price line displayed by an OHLC bar.