|
|
Archive - 4/17/2026 - Sign In to see current Signals. |
Charter Communications (CHTR) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Charter Communications (CHTR). During the week, the CHTR gained 17.80 points, or 8.13%, and closed at 236.62 on Friday, April 17, 2026. It was the best weekly gain since February 6, 2026. Weekly volume was 12% above average. CHTR is a member of Communication Services Sector. Communication Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CHTR long-term trend chart] A long-term downtrend had started on May 16, 2025 at 437.06 and reached 180.38 on January 29, 2026. CHTR lost 256.68 points, or 58.73%, in 36 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See CHTR medium-term trend chart] A medium-term downtrend had started on February 10, 2026 at 249.24 and reached 208.33 on March 18, 2026. CHTR lost 40.91 points, or 16.41%, in 5 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (188.46) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CHTR may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CHTR weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since January 2, 2026. Use the following link to access a MACD help.
Short-term trend: [See CHTR short-term trend chart] A short-term uptrend had started on March 18, 2026 at 208.33 and reached 241.50 on April 17, 2026. CHTR gained -33.17 points, or -15.92%, in 30 days. The price is now at the 14.71% retracement level.
Daily Technical Indicators: [See CHTR daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since April 1, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|