Charles Schwab Corp (SCHW)
The Charles Schwab Corporation is a leading American financial services firm that operates a comprehensive platform for banking, electronic trading, and wealth management. Catering to both retail and institutional investors, Schwab emphasizes innovative technology and a client-first approach to deliver a wide array of financial products and services, including brokerage accounts, investment advisory, and institutional trading solutions. With a commitment to low-cost investment options, Schwab continues to strategically expand its offerings to help clients navigate the complexities of modern finance.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 27.35% per annum.
- SCHW price at the close of November 3, 2025 was $93.15 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.74% per annum.
- SCHW price at the close of November 3, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SCHW price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2023
End date: November 3, 2025
a = 3.3436
b = 0.0007
s = 0.0770
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 27.35%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0770) – 1
= 36.07%
March 13, 2023 calculations
Top border of price channel:
Exp(Y590)
= Exp(a + b × X590 + 2 × s)
= Exp(a + b × 859 + 2 × s)
= Exp(3.3436 + 0.0007 × 859 + 2 × 0.0770)
= Exp(4.0666)
= $58.36
Bottom border of price channel:
Exp(Y590)
= Exp(a + b × X590 – 2 × s)
= Exp(a + b × 859 – 2 × s)
= Exp(3.3436 + 0.0007 × 859 – 2 × 0.0770)
= Exp(3.7586)
= $42.89
November 3, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.3436 + 0.0007 × 1,825 + 2 × 0.0770)
= Exp(4.7065)
= $110.66
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.3436 + 0.0007 × 1,825 – 2 × 0.0770)
= Exp(4.3985)
= $81.33
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 27.35% per annum.
- SCHW price at the close of November 3, 2025 was $93.15 and was inside the primary price channel.
Secondary Trend
Start date: July 18, 2025
End date: November 3, 2025
a = 5.1596
b = -0.0003
s = 0.0146
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0146) – 1
= 6.03%
July 18, 2025 calculations
Top border of price channel:
Exp(Y1,179)
= Exp(a + b × X1,179 + 2 × s)
= Exp(a + b × 1,717 + 2 × s)
= Exp(5.1596 + -0.0003 × 1,717 + 2 × 0.0146)
= Exp(4.6016)
= $99.64
Bottom border of price channel:
Exp(Y1,179)
= Exp(a + b × X1,179 – 2 × s)
= Exp(a + b × 1,717 – 2 × s)
= Exp(5.1596 + -0.0003 × 1,717 – 2 × 0.0146)
= Exp(4.5430)
= $93.98
November 3, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.1596 + -0.0003 × 1,825 + 2 × 0.0146)
= Exp(4.5646)
= $96.03
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.1596 + -0.0003 × 1,825 – 2 × 0.0146)
= Exp(4.5061)
= $90.57
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.74% per annum.
- SCHW price at the close of November 3, 2025 was inside the secondary price channel.