CHARTER COMMUNICATIONS INC-A (CHTR) Stock Technical Analysis
NASDAQ:CHTR • US16119P1084
Overall CHTR gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHTR was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, CHTR is a bad performer in the overall market: 77% of all stocks are doing better.
- CHTR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month CHTR has a been trading in the 180.38 - 249.24 range, which is quite wide. It is currently trading near the high of this range.
- CHTR has an average volume of 2086320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CHTR is part of the Media industry. There are 93 other stocks in this industry, CHTR did better than 63% of them.
CHTR has an average technical rating and also the quality of the setup is only medium 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
236.70
We found 1 important resistance area.
- A resistance zone ranging from 244.88 to 248.20. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CHTR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHTR is up. |
| ChartMill Relative Strength | 23.82 | NEGATIVE | CHTR has a low relative strength, it was outperformed by 76.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHTR is above the rising 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) | 67.01 | NEUTRAL | The RSI value for CHTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.23 | POSITIVE | The MACD value suggests CHTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.73 | OVERBOUGHT | The high Stochastics value suggests CHTR may be overbought. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for CHTR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.56 | POSITIVE | The high ADX value value for CHTR suggests a strong trend. |
239.09
+1.01 (+0.42%)
CHARTER COMMUNICATIONS INC-A / CHTR FAQ
What is the technical rating for CHTR stock?
ChartMill assigns a technical rating of 5 / 10 to CHTR.
What is the trend direction for CHTR stock?
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 67.0063. This indicates that the stock is currently neutral.
What is the short term momentum for CHARTER COMMUNICATIONS INC-A (CHTR) stock?
The short term momentum for CHARTER COMMUNICATIONS INC-A (CHTR) is positive.