(SCHY) Schwab International - Ratings and Ratios

The Schwab International Dividend Equity ETF (SCHY) is designed to track the performance of high-dividend yielding stocks from developed and emerging markets outside the US, providing investors with a diversified portfolio of international income-generating assets.

By investing at least 80% of its net assets in stocks included in the underlying index, SCHY offers exposure to a broad range of foreign companies with a history of paying consistent dividends, including those represented by depositary receipts such as ADRs, GDRs, and EDRs.

With an AUM of $1.13 billion, SCHY is a sizable ETF that provides liquidity to investors seeking international dividend income. The funds underlying index is likely to be comprised of large-cap stocks from countries with established economies, as well as some emerging markets, providing a balance between stability and growth potential.

Analyzing the technical data, we can see that SCHY is currently trading at $27.51, slightly above its 20-day SMA of $27.26, indicating a positive short-term trend. The 50-day SMA of $26.31 and 200-day SMA of $24.88 suggest a longer-term uptrend. With an ATR of 0.21, representing a 0.78% daily price movement, the ETF is experiencing moderate volatility.

Based on the technical and fundamental data, our forecast suggests that SCHY will continue to trend upwards, driven by its underlying dividend-yielding stocks. We expect the ETF to reach $28.50 within the next 6-12 months, representing a 3.6% increase from current levels. This forecast is supported by the ETFs strong uptrend, as indicated by its SMAs, and its exposure to a diversified portfolio of international dividend-paying stocks.