CHARTER COMMUNICATIONS INC-A (CHTR) Stock Technical Analysis
NASDAQ:CHTR - Nasdaq - US16119P1084 - Common Stock - Currency: USD
Taking everything into account, CHTR scores 3 out of 10 in our technical rating. In the last year, CHTR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month CHTR has a been trading in the 377.99 - 422.29 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CHTR has an average volume of 1272480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CHTR outperforms 53% of them, which is more or less in line with the market.
CHTR is part of the Media industry. There are 98 other stocks in this industry, CHTR did better than 58% of them.
CHTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHTR is lagging the market.
CHTR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
322.35
431.53
4 important support areas can be observed.
- A support zone ranging from 373.61 to 373.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @358.31 from a trend line in the weekly time frame.
- Support @334.89 from a horizontal line in the weekly time frame.
- A support zone ranging from 325.61 to 327.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 382.07 to 391.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 424.60 to 427.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CHTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHTR is neutral. |
| ChartMill Relative Strength | 53.34 | NEUTRAL | CHTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.81 | NEUTRAL | The RSI value for CHTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests CHTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.79 | NEUTRAL | The Stochastics value for CHTR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for CHTR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for CHTR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
380
-18.11 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-4.55%
1 Week4.87%
2 Weeks-1.35%
1 Month-1.34%
3 Month6.55%
6 Month8.31%
12 Month8.29%
2 Year-1.75%
3 Year-7.87%
5 Year-31.36%
10 Year114.2%
15 YearN/A
Volatility
ATR(14)9.97
ATR(20)%2.42%
ATR Inc-2.4%
Range Today19.66
ADR(20)9.37
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.34
Mansfield-0.05
10 Day High406.58
10 Day Low377.99
20 Day High422.29
20 Day Low377.99
52 Week High437.06
52 Week Low312.39
CS1 End391.24
CR1 Start424.6
Volume & EV
DER(3)-2.36%
DER(5)-1.93%
Volume2.56M
Volume Incr10.56%
Vol(5)1.31M
Vol(50)1.27M