CHTR Technical Analysis - CHARTER COMMUNICATIONS INC-A

Technical Rating and Analysis

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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

93% of all other stocks performed better in the past year than CHTR.

CHTR is one of the lesser performing stocks in the Media industry. 67% of 99 stocks in the same industry do better.

CHTR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

CHTR has an average volume of 2072080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month CHTR has a been trading in the 251.80 - 282.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CHARTER COMMUNICATIONS INC-A / CHTR Weekly stock chart

CHARTER COMMUNICATIONS INC-A / CHTR Daily stock chart

Setup Rating and Analysis

CHTR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 256.57, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

252.06

431.52

When analyzing the support we notice one important area.

A support zone ranging from 254.61 to 256.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 277.59 to 277.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 400.82 to 406.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @427.25 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	7.66	NEGATIVE	CHTR has a low relative strength, it was outperformed by 92.34% 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)	34.55	NEUTRAL	The RSI value for CHTR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	2.83	POSITIVE	The MACD value suggests CHTR has a positive trend, although the MACD value is declining.
Stochastics (14,3)	42.82	NEUTRAL	The Stochastics value for CHTR is a neutral value.
Average True Range in percent/ATR (20)	2.67	MEDIUM VOLATILITY	The ATR as a percentage value for CHTR suggests some volalility.
Average Directional Index/ADX (14)	42.74	POSITIVE	The high ADX value value for CHTR suggests a strong trend.