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Downtrend ResistanceArchive
- 5/2/2025 -
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Charter Communications (CHTR) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the Charter Communications (CHTR). During the week, the CHTR gained 11.30 points, or 3.02%, and closed at 385.00 on Friday, May 2, 2025. Weekly volume was 34% above average.
CHTR is a member of Communication Services Sector. Communication Services is the second 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 (195.45) 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 long-term trend.
 Medium-term trend: [See CHTR medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 312.40 and reached 392.91 on April 30, 2025. CHTR gained -80.51 points, or -25.77%, in 3 weeks. The price is now at the 9.82% 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. The distance between MACD and the signal line is low and getting smaller. 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 April 29, 2025 at 387.54 and reached 392.91 on April 30, 2025. CHTR gained -5.37 points, or -1.39%, in 1 days. The price is now at the 147.30% retracement level.
 Daily Technical Indicators: [See CHTR daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since April 24, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
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