CHARTER COMMUNICATIONS INC-A (CHTR) Technical Analysis
NASDAQ:CHTR • US16119P1084
Current stock price
220.94 USD
+1.8 (+0.82%)
At close:
220.94 USD
0 (0%)
After Hours:
CHTR Technical Rating and Analysis
Taking everything into account, CHTR scores 1 out of 10 in our technical rating. CHTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 82% of all other stocks performed better in the past year than CHTR.
- CHTR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHTR is lagging the market.
- CHTR has an average volume of 1934020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CHTR is an average performer in the Media industry, it outperforms 48% of 91 stocks in the same industry.
- In the last month CHTR has a been trading in the 208.33 - 236.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CHTR Weekly and Daily overview Charts
CHTR Setup Rating and Analysis
Although the technical rating is bad, CHTR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 220.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CHTR Support and Resistance Analysis
206.90
241.49
We found 2 important support areas.
- A support zone ranging from 215.16 to 220.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @208.99 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 221.00 to 224.01. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @235.09 from a trend line in the daily time frame.
- Resistance @239.10 from a horizontal line in the weekly time frame.
CHTR 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 | NEUTRAL | NEUTRAL | The short term trend for CHTR is neutral. |
| ChartMill Relative Strength | 18.45 | NEGATIVE | CHTR has a low relative strength, it was outperformed by 81.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CHTR is above a declining 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) | 50.73 | NEUTRAL | The RSI value for CHTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CHTR has a positive trend. |
| Stochastics (14,3) | 55.35 | NEUTRAL | The Stochastics value for CHTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CHTR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for CHTR suggests a weak or negative trend. |
CHTR Chart- and CandleStick Pattern Analysis
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)
CHTR Technicals: Chart, Performance Metrics, Trend & Indicators
220.94
+1.8 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.82%
1 Week2%
2 Weeks1.51%
1 Month-5.09%
3 Month5.57%
6 Month-21.1%
12 Month-34.69%
2 Year-23.98%
3 Year-38.22%
5 Year-64.19%
10 Year9.14%
15 Year336.38%
Volatility
ATR(14)7.96
ATR(20)%3.56%
ATR Inc-18.38%
Range Today7.41
ADR(20)7.58
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.45
3 months CRS83.57
6 months CRS24.4
Mansfield-2.09
10 Day High227.29
10 Day Low208.33
20 Day High236.6
20 Day Low208.33
52 Week High437.06
52 Week Low180.38
CS1 End220.44
CR1 Start221
Volume & EV
DER(3)0.99%
DER(5)0.32%
Volume2.04M
Volume Incr-11.18%
Vol(5)1.35M
Vol(50)1.93M
CHARTER COMMUNICATIONS INC-A / CHTR TA FAQ
What is the technical rating for CHTR stock?
ChartMill assigns a technical rating of 1 / 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 50.726. 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 neutral.