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Archive
- 4/17/2025 -
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Charter Communications (CHTR) Technical Analysis
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| 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 4.56 points, or 1.36%, and closed at 338.96 on Thursday, April 17, 2025. Weekly volume was -13% below 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 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 (197.05) 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 312.40 on April 9, 2025. CHTR lost 102.90 points, or 24.78%, in 21 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance 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 312.40 on April 9, 2025. CHTR lost 79.20 points, or 20.22%, in 33 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 304.57 and resistance is at 384.14. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See CHTR daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 3, 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Communication Services |
10 |
| Industry |
Cable & Satellite |
74 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
388.00 |
| High Date |
03/27/2025 |
| Low |
312.40 |
| Low Date |
04/09/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
384.14 |
| Support |
304.57 |
| High |
391.60 |
| High Date |
03/07/2025 |
| Low |
312.40 |
| Low Date |
04/09/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
415.30 |
| High Date |
11/13/2024 |
| Low |
312.40 |
| Low Date |
04/09/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
236.08 |
| Low Date |
04/26/2024 |
| High |
415.30 |
| High Date |
11/13/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
198.00 |
| Support |
197.05 |
| High |
825.62 |
| High Date |
09/02/2021 |
| Low |
236.08 |
| Low Date |
04/26/2024 |
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