Charles Schwab stock price forecast: $91.72 resistance as SCHW gains 3.40%

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Charles Schwab gains 3.40% today

Highlights

Charles Schwab added $49.9 billion in core net new assets in May 2026, growing total client assets to $13.14 trillion.
The firm will lower fees on four major equity index ETFs from June 11, 2026, boosting its cost advantage for investors.
Technical indicators show short- and medium-term bullish momentum, with SCHW likely to trade between $87.85 and $93.09 over the next few days.

Asset inflows and fee cuts reinforce revenue and client growth

Charles Schwab attracted $49.9 billion in core net new assets in May 2026, marking a 43% increase from the prior year and pushing total client assets to $13.14 trillion, highlighting robust demand for the firm’s investment platform and strengthening its long-term revenue base. The newly announced reduction in fees on four major equity index ETFs, set to take effect June 11, 2026, further enhances Schwab’s competitive appeal for investors focused on cost efficiency. Additional corporate developments include the Charles Schwab Foundation’s expanded $20 million commitment to youth investing education and the closure of the Schwab Ariel Opportunities ETF following its June 10, 2026 decision, both of which fine-tune the firm’s growth and operational strategy.

Resistance near MA-200 as uptrend momentum diverges with signals

On the technical front, SCHW is positioned above the MA-20 ($89.16) and MA-50 ($88.35) on the H1 chart, while it remains below the MA-200 ($94.84). The Ichimoku Kijun sits at $88.90, providing immediate support within the current range. Momentum indicators are mixed: MACD delivers a strong buy signal and ADX signals a neutral trend, but oscillators like the RSI at 64.1 and Stoch RSI indicate overbought conditions, with both CCI and BBP reflecting strong buying pressure. The Awesome Oscillator is neutral, failing to confirm the ongoing uptrend, which introduces some divergence between trend and oscillators.

Bullish bias persists as breakout or support breach risks emerge

Over the short term (next 2-3 trading days), SCHW is expected to trade within a $87.85 to $93.09 range, in line with typical volatility bands. The probability of an upward move remains very high, but any downward scenario—should the price fall below immediate support—could quickly shift sentiment bearish in the near term. The base case envisions continued sideways action between support at the Ichimoku Kijun and resistance near the recent high; a breakout above resistance would likely trigger further bullish extension, while a breakdown could prompt a reassessment of the immediate trend.

Anton Kharitonov, expert at Traders Union, sees robust asset inflows and strong client growth as key positives for Charles Schwab, but notes mixed technical signals and overbought conditions. He believes the fee cuts and long-term education commitments strengthen fundamentals, while caution is warranted on near-term price action given divergence among momentum indicators. A break of key support could shift sentiment quickly. "The setup remains constructive as long as $88.90 holds, but I’m cautiously watching for confirmation before committing to a bullish stance."

Earlier, analysts noted that Charles Schwab was demonstrating short-term upward momentum while technical signals remained mixed and longer-term resistance capped sustained gains. The current analysis adds that, given recent momentum and ongoing divergence among indicators, traders should closely monitor for a breakout above immediate resistance, which could signal further bullish continuation, or risk a swift shift to bearish sentiment if support levels fail.

Source of Data: SCHW Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.