Shares of Charles Schwab ( SCHW) rallied in July but failed around the declining 200-day moving average line. Let's check on the indicators as prices for the brokerage firm remain under pressure. 
In this daily bar chart of SCHW, below, I can see that prices gapped higher in July but filled that gap and continued lower - not a good sign. Prices are now trading below the cresting 50-day moving average line as well as the declining 200-day line.
The On-Balance-Volume (OBV) line has been weak since March and suggests that sellers of SCHW have been more aggressive than buyers. The Moving Average Convergence Divergence (MACD) oscillator has moved below the zero line for an outright sell signal.
In this weekly Japanese candlestick chart of SCHW, below, I can see that prices rallied to the underside of the declining 40-week moving average line. The weekly OBV line is weakening and the MACD oscillator is bearish. Not a good looking picture.
In this daily Point and Figure chart of SCHW, below, I can see a downside price target in the $45 area.
In this weekly Point and Figure chart of SCHW, below, I can see that prices met an upside price target in the $62 area.
Bottom line strategy: I am not sure what is bothering traders of SCHW but it is concerning to me that this brokerage firm is so weak looking. Avoid the long side of SCHW.
