NASDAQ:CHTR • US16119P1084
We assign a technical rating of 4 out of 10 to CHTR. 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.
Although the technical rating is only medium, CHTR does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
223.48
We found 2 important support areas.
We can see 4 important resistance areas.
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 | UP | POSITIVE | The short term trend for CHTR is up. |
| ChartMill Relative Strength | 22.18 | NEGATIVE | CHTR has a low relative strength, it was outperformed by 77.82% 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) | 59.09 | NEUTRAL | The RSI value for CHTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.17 | NEGATIVE | The MACD value suggests CHTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.52 | NEUTRAL | The Stochastics value for CHTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CHTR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.1 | POSITIVE | The high ADX value value for CHTR suggests a strong trend. |
234.63
+6.25 (+2.74%)
ChartMill assigns a technical rating of 4 / 10 to CHTR.
The current trend direction for CHARTER COMMUNICATIONS INC-A (CHTR) is Bearish.
CHARTER COMMUNICATIONS INC-A (CHTR) has an RSI value of 59.0928. This indicates that the stock is currently neutral.
The short term momentum for CHARTER COMMUNICATIONS INC-A (CHTR) is positive.
The buy/sell signal for CHARTER COMMUNICATIONS INC-A (CHTR) is hold as the short term and long term trends are mixed.