Auto-detected technical analysis for SCHW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
SCHW is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.
A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $96.96 (−9.3%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; SCHW's own rising wedges have hit 29.6%.
New to this pattern? What a rising wedge is and how to trade it →
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 +2.56R move (14.2%) over 27 sessions. Across 201 backtested falling wedges, this setup wins 56.2% of the time.
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
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 | +2.56R |
| Falling Wedge | May 13, 2026 @ $90.15 | May 27, 2026 @ $85.61 | Loss | -1.79R |
| Falling Wedge | Apr 8, 2026 @ $94.89 | Apr 23, 2026 @ $88.92 | Loss | -1.22R |
| Rising Wedge | Feb 10, 2026 @ $104.26 | Feb 11, 2026 @ $100.10 | Win | +8.33R |
| Triangle | Nov 17, 2025 @ $93.23 | Dec 19, 2025 @ $98.82 | Loss | -1.06R |
| Triangle | Nov 7, 2025 @ $94.89 | Nov 17, 2025 @ $91.91 | Loss | -1.08R |
| Triangle | Oct 31, 2025 @ $93.28 | Nov 12, 2025 @ $97.71 | Loss | -1.14R |
| Triangle | Oct 9, 2024 @ $65.56 | Oct 30, 2024 @ $71.10 | Win | +1.76R |
| Triangle | Sep 5, 2024 @ $63.46 | Oct 9, 2024 @ $66.70 | Loss | -1.56R |
| Triangle | Feb 9, 2024 @ $62.71 | Mar 11, 2024 @ $66.95 | Win | +2.75R |
| Falling Wedge | Nov 1, 2023 @ $52.16 | Dec 29, 2023 @ $68.80 | Win | +4.75R |
| Triangle | May 2, 2023 @ $51.54 | May 25, 2023 @ $54.24 | Loss | -1.76R |
Price found a floor near $86.98 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $131.04 — still about 23% away.
Nearest auto-detected support sits near $83.77, resistance near $107.78. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $105.26 | $106.76 | $105.23 | $106.35 |
| Aug 3, 2026 | $105.86 | $106.81 | $105.05 | $105.87 |
| Jul 31, 2026 | $104.98 | $105.69 | $104.05 | $105.24 |
| Jul 30, 2026 | $103.93 | $104.82 | $103.07 | $104.33 |
| Jul 29, 2026 | $106.00 | $106.73 | $104.39 | $104.47 |
| Jul 28, 2026 | $104.24 | $106.29 | $103.45 | $105.97 |
| Jul 27, 2026 | $102.68 | $104.29 | $102.36 | $104.18 |
| Jul 24, 2026 | $101.61 | $102.00 | $100.55 | $101.97 |
| Jul 23, 2026 | $100.27 | $102.71 | $100.27 | $101.61 |
| Jul 22, 2026 | $101.34 | $101.34 | $99.42 | $100.80 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.