Charles Schwab(SCHW)

Charles Schwab (SCHW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SCHW · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$100.80last close · Jul 22, 202652-week range $83.96 – $107.50 · 6.23% below the high

SCHW Falling Wedge Pattern

SCHW is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $99.26 (+12.4%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; SCHW's own falling wedges have hit 57.6%.

DirectionBullishTarget$99.26Projected move+12.4%Breakout level$88.15

New to this pattern? What a falling wedge is and how to trade it →

SCHW's Most Recent Falling Wedge Trade

SCHW's most recent completed falling wedge resolved as a win: it broke higher on Jun 8, 2026 near $88.90, then reached its target at $101.56 on Jul 17, 2026 — a 14.2% move (+2.56R) over 27 sessions. Across 130 backtested falling wedges, this setup wins 53.8% of the time.

OutcomeWinResult+14.2%R+2.56REntry$88.90Exit$101.56

Learn about falling wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

SCHW win rate

57.6%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

SCHW Pattern Trade History

Every completed pattern trade our nightly backtest found on SCHW's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Jun 8, 2026 @ $88.90	Jul 17, 2026 @ $101.56	Win	+12.4% · +2.56R
Falling Wedge	May 13, 2026 @ $90.15	May 27, 2026 @ $85.61	Loss	+12.5% · -1.79R
Falling Wedge	Apr 8, 2026 @ $94.89	Apr 23, 2026 @ $88.92	Loss	+13.8% · -1.22R
Rising Wedge	Feb 10, 2026 @ $104.26	Feb 11, 2026 @ $100.10	Win	+4.7% · +8.33R
Triangle	Nov 14, 2025 @ $93.69	Dec 19, 2025 @ $98.82	Loss	+7.1% · -1.07R
Triangle	Nov 7, 2025 @ $94.89	Nov 17, 2025 @ $91.91	Loss	+6.8% · -1.08R
Triangle	Oct 31, 2025 @ $93.26	Nov 12, 2025 @ $97.71	Loss	+4.6% · -1.14R
Falling Wedge	Nov 1, 2023 @ $52.16	Dec 29, 2023 @ $68.80	Win	+12.2% · +4.75R
Triangle	May 2, 2023 @ $51.54	May 25, 2023 @ $54.24	Loss	+15.6% · -1.76R
Triangle	Oct 3, 2022 @ $73.34	Oct 14, 2022 @ $68.98	Loss	+7.4% · -1.23R
Falling Wedge	Jul 18, 2022 @ $63.69	Aug 22, 2022 @ $72.55	Win	+17.8% · +2.16R
Triangle	Feb 3, 2022 @ $90.52	Feb 22, 2022 @ $84.57	Loss	+12.8% · -1.06R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

SCHW Support and Resistance Levels

Price found a floor near $86.44 about 7 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $101.95 — still about 1.1% away.

Traders commonly watch $101.95 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $86.44 floor about 7 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

SCHW Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$101.34	$101.34	$99.42	$100.80
Jul 21, 2026	$104.18	$104.48	$99.71	$99.96
Jul 20, 2026	$100.61	$103.09	$100.30	$102.54
Jul 17, 2026	$102.32	$102.81	$100.81	$101.56
Jul 16, 2026	$103.40	$103.80	$101.95	$102.80
Jul 15, 2026	$101.56	$103.40	$101.34	$102.79
Jul 14, 2026	$101.14	$103.36	$100.75	$101.10
Jul 13, 2026	$103.51	$103.97	$102.11	$102.38
Jul 10, 2026	$103.25	$103.57	$101.80	$103.12
Jul 9, 2026	$101.42	$103.44	$100.51	$101.91

SCHW Frequently Asked Questions

What chart pattern is SCHW forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Charles Schwab (SCHW) on the daily chart, with a measured-move target of $99.26.

Is a falling wedge bullish or bearish?

The falling wedge detected on SCHW is a bullish pattern, projecting a measured-move target of $99.26. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if SCHW's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $99.26 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was SCHW's closing price on Jul 22, 2026?

Charles Schwab (SCHW) last closed at $100.80 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.