CHARTER COMMUNICATIONS INC-A (CHTR)

US16119P1084 - Common Stock

383.815  -5.31 (-1.36%)

Technical Rating and Analysis

8

Overall CHTR gets a technical rating of 8 out of 10. Although CHTR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
CHTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CHTR is lagging the market slightly.
CHTR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CHTR has an average volume of 1357760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CHTR turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
CHTR is an average performer in the Media industry, it outperforms 51% of 92 stocks in the same industry.
Weekly and Daily overview Charts
CHTR Weekly chart
CHTR Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, CHTR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 389.11, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

309.53

412.11

3 important support areas can be observed.

  • Support @339.81 from a trend line in the weekly time frame.
  • A support zone ranging from 323.39 to 326.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @312.66 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 384.83 to 393.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @408.03 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.19
Mansfield0.68
10 Day High415.27
10 Day Low379.22
20 Day High415.27
20 Day Low324.94
52 Week High415.27
52 Week Low236.08
Performance
1 Week-4.21%
2 Weeks-4.63%
1 Month17.13%
3 Month11.58%
6 Month43.34%
12 Month-4.14%
2 Year-0.55%
3 Year-39.79%
5 Year-17.21%
10 Year129.3%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.41
RSI(14)61.13
LBB368.83
UBB410.68
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
393.73384.828.91 (2.26%)25.00%
An entry @393.73. This is a Buy Stop order right above the resistance zone.An exit @384.82. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 8.91 points, which is 2.26%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%.

  • The distance between exit and entry is rather small compared to the average daily movement of CHTR. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CHTR Daily chart

CHARTER COMMUNICATIONS INC-A

NASDAQ:CHTR (11/21/2024, 3:39:53 PM)

383.815

-5.31 (-1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.36%
1 Week-4.21%
2 Weeks-4.63%
1 Month17.13%
3 Month11.58%
6 Month43.34%
12 Month-4.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.99
ATR(20)%3.67%
ATR Inc
Range Today6.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High415.27
10 Day Low379.22
20 Day High415.27
20 Day Low324.94
52 Week High415.27
52 Week Low236.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume535.34K
Volume Incr-29.03%
Vol(5)1.11M
Vol(50)1.36M