CHARTER COMMUNICATIONS INC-A (CHTR) Stock Technical Analysis
USA - NASDAQ:CHTR - US16119P1084 - Common Stock
Overall CHTR gets a technical rating of 0 out of 10. CHTR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CHTR is bad and it also does not present a quality setup 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
231.50
3 important resistance areas can be observed.
- A resistance zone ranging from 237.87 to 243.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @248.89 from a horizontal line in the daily time frame.
- Resistance @277.58 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CHTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHTR is down. |
| ChartMill Relative Strength | 9.72 | NEGATIVE | CHTR has a low relative strength, it was outperformed by 90.28% off all stocks 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) | DOWN | NEGATIVE | The current price of CHTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.67 | NEUTRAL | The RSI value for CHTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.95 | NEGATIVE | The MACD value suggests CHTR has a negative trend. |
| Stochastics (14,3) | 19.43 | OVERSOLD | The low Stochastics value suggests CHTR may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for CHTR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.53 | POSITIVE | The high ADX value value for CHTR suggests a strong trend. |
233.84
+2.92 (+1.26%)
CHARTER COMMUNICATIONS INC-A / CHTR FAQ
What is the technical rating for CHTR stock?
ChartMill assigns a technical rating of 0 / 10 to CHTR.
Can you provide the trend direction for CHARTER COMMUNICATIONS INC-A?
The current trend direction for CHARTER COMMUNICATIONS INC-A (CHTR) is Bearish.
Can you provide the RSI signal for CHARTER COMMUNICATIONS INC-A?
CHARTER COMMUNICATIONS INC-A (CHTR) has an RSI value of 30.6744. This indicates that the stock is currently neutral.
What is the buy/sell signal for CHTR stock?
The buy/sell signal for CHARTER COMMUNICATIONS INC-A (CHTR) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CHARTER COMMUNICATIONS INC-A?
CHARTER COMMUNICATIONS INC-A (CHTR) has a resistance level at 237.87. Check the full technical report for our detailed analysis of CHTR support and resistance levels.