Score 9.6 (out of 10): SCHWAB (CHARLES) poised to seasonally rally by +7.8% during the month of July

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What’s Going On Here?

SCHWAB (CHARLES) indicates an interesting seasonal (monthly for July) set up. During similar occasions, SCHWAB (CHARLES) shares had a median return of +7.8%, over the following 1 month – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for SCHWAB (CHARLES) received a high score of 9.6 (out of 10). This insight was generated with last price of 54.37.

SCHWAB (CHARLES) is in the Finance-Invest Bnkr/Brkr sector. 97.9981231689453 Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: SCHW US.

Previous Signal Returns:

7.9% (July-2022), 5.4% (July-2021), 7.8% (July-2020), 9.7% (July-2019), 3.4% (July-2018), 13% (July-2017), 2.7% (July-2016), 7.1% (July-2015), 13.9% (July-2014)

We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 58.61 (+7.8%) has been reached. Based on SCHWAB (CHARLES)’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 51.97 (last price at 54.37), which is equivalent to a -4.4% decline.

Historical Chart:

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