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Cable & Satellite Industry Stocks Technical Analysis - CHTRArchive
- 3/21/2025 -
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Charter Communications (CHTR) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Charter Communications (CHTR). During the week, the CHTR gained 12.30 points, or 3.50%, and closed at 363.80 on Friday, March 21, 2025. CHTR was trading at average weekly trading volume.
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 September 2, 2021 at 825.62 and reached 236.08 on April 26, 2024. CHTR lost 589.54 points, or 71.41%, in 138 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (200.09) is broken. A broken support is considered to be a long-term bullish signal. 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 long-term trend.
 Medium-term trend: [See CHTR medium-term trend chart]
A medium-term downtrend had started on November 13, 2024 at 415.30 and reached 326.80 on January 30, 2025. CHTR lost 88.50 points, or 21.31%, in 11 weeks. The price is now at the 41.81% retracement level.
 Weekly Technical Indicators: [See CHTR weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See CHTR short-term trend chart]
A short-term downtrend had started on March 7, 2025 at 391.60 and reached 338.50 on March 12, 2025. CHTR lost 53.10 points, or 13.56%, in 5 days. The price is now at the 47.65% retracement level.
Daily Technical Indicators: [See CHTR daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 11, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (366.99) comes close to the price (363.80). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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. Such crossover is considered a bullish signal. 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.
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