Charles SchwabSCHW

Charles Schwab (SCHW) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for SCHW · data as of Sep 2, 2026. The chart above is live; the read below updates daily.

$108.24last close · Sep 2, 202652-week range $83.96 – $114.53 · 5.49% below the high

SCHW falling wedge pattern

SCHW is currently forming a falling wedge on the daily timeframe. Detected Sep 2, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $99.56 (+12.4%).

DirectionBullishTarget$99.56Projected move+12.4%Breakout level$88.46

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 Jul 1, 2026 near $95.57, then reached its target at $108.95 on Aug 27, 2026 — a 14.0% move (+2.49R) over 40 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.

OutcomeWinResult+14.0%R+2.49REntry$95.57Exit$108.95

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SCHW pattern trade history

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

PatternEntryExitOutcomeResult
Falling wedgeJul 1, 2026 @ $95.57Aug 27, 2026 @ $108.95Win+12.1% · +2.49R
Falling wedgeMay 27, 2026 @ $84.97Jun 16, 2026 @ $93.43Loss+10.7% · -1.00R
Falling wedgeMay 27, 2026 @ $85.54Jun 16, 2026 @ $93.43Loss+14.7% · -1.00R
Falling wedgeMay 13, 2026 @ $91.26May 28, 2026 @ $85.12Loss+10.1% · -1.68R
Falling wedgeApr 8, 2026 @ $95.79Apr 24, 2026 @ $88.92Loss+10.5% · -1.53R
Rising wedgeFeb 10, 2026 @ $102.78Feb 10, 2026 @ $107.27Loss+2.9% · -1.00R
Rising wedgeFeb 5, 2026 @ $102.05Feb 9, 2026 @ $105.72Loss+2.1% · -1.00R
TriangleFeb 5, 2026 @ $102.14Feb 9, 2026 @ $105.72Loss+2.4% · -1.00R
Rising wedgeJan 13, 2026 @ $100.49Jan 16, 2026 @ $104.76Loss+7.9% · -1.00R
TriangleDec 19, 2025 @ $98.98Jan 9, 2026 @ $101.34Win+4.8% · +0.75R
TriangleNov 11, 2025 @ $96.66Nov 18, 2025 @ $91.60Loss+4.5% · -1.52R
Falling wedgeSep 5, 2025 @ $93.06Nov 12, 2025 @ $97.74Loss+3.2% · -1.00R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

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SCHW support and resistance levels

Price was turned away at a ceiling near $112.62 about 3 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $95.95 — still about 11% away.

  • Traders commonly watch $95.95 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $112.62 ceiling about 3 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

SCHW recent daily prices

DateOpenHighLowClose
Sep 2, 2026$108.50$109.90$108.18$108.24
Sep 1, 2026$109.44$109.80$107.97$108.28
Aug 31, 2026$109.40$110.32$109.40$109.82
Aug 28, 2026$108.40$111.01$107.78$110.16
Aug 27, 2026$108.95$109.53$107.23$108.05
Aug 26, 2026$108.25$110.32$106.34$109.39
Aug 25, 2026$113.04$113.38$112.08$112.27
Aug 24, 2026$112.89$114.53$112.51$113.65
Aug 21, 2026$110.27$112.40$110.17$112.30
Aug 20, 2026$111.46$111.86$109.55$109.79

SCHW frequently asked questions

What chart pattern is SCHW forming right now?
As of Sep 2, 2026, TradingPal's detector identifies a falling wedge on Charles Schwab (SCHW) on the daily chart, with a measured-move target of $99.56.
Is a falling wedge bullish or bearish?
The falling wedge detected on SCHW is a bullish pattern, projecting a measured-move target of $99.56. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if SCHW's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $99.56 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SCHW's closing price on Sep 2, 2026?
Charles Schwab (SCHW) last closed at $108.24 on Sep 2, 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.