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Charles Schwab Stock Earns RS Rating Upgrade

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Charles Schwab Stock Earns RS Rating Upgrade

Charles Schwab (SCHW) stock had its Relative Strength (RS) Rating upgraded from 67 to 73 Thursday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.





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IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price movement over the trailing 52 weeks compares to all the other stocks in our database.

History shows that the best stocks typically have an RS Rating north of 80 as they begin their largest price moves. See if Charles Schwab stock can continue to rebound and clear that threshold.


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Is Charles Schwab Stock A Buy?

Charles Schwab stock recently reclaimed its 200-day moving average and is building a consolidation with a 79.49 buy point. See if it can break out in volume at least 40% above average.

The financial brokerage saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -3% to 0%. Revenue rose from -2% to 2%.

Charles Schwab stock earns the No. 21 rank among its peers in the Finance-Investment Banking/Brokers industry group. Houlihan Lokey Cl A (HLI), Robinhood Markets (HOOD) and Interactive Brokers (IBKR) are among the top 5 highly rated stocks within the group.

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