Largest Positive Opening Gaps for SCHG

How does SCHG usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in SCHG stock, the average move was +2.5% with the single largest opening gap of +4.4% occurring on 8-Apr-2025. The following day, SCHG stock price averaged +1.2% gains, with up moves and down moves occurring equally.

Catalysts

9 of SCHG's 12 largest moves corresponded with a large gap up in the overall market.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +1.4% on 2-Feb-2023, while the biggest drop from the open to the low was -7.1% on 8-Apr-2025. On average, the SCHG stock price gain from the opening price to the highest point of the day was +0.7%, and the average drop to the lowest point was -1.7%.

Day Drift Open-to-Close

The best performance in SCHG stock price from opening price to closing price (referred to as the "drift" for the day) was on 22-Feb-2024 for a +1.1% gain after the stock gapped up +2.2% at the open. The worst worst return from the opening price to the closing price was on 8-Apr-2025 when the stock lost -5.6% after the stock gapped up +4.4%. Overall in the 12 available observations, the stock drifted higher 58% of the time for an average return of -0.7%.