The Greedy Trader Weekly Analysis
Sign In Aug 7, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 7/31/2026 -
Sign In to see current Signals.

Charter Communications (CHTR) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold industryStochastic signal line moved above oversold areaWeekly  MACD line has moved above its signal lineBroken trend resistance line
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtPrice has crossed above the 50 Day Moving AverageDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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 21.67 points, or 17.57%, and closed at 144.98 on Friday, July 31, 2026. Weekly volume was 51% above average.

CHTR is a member of Cable & Satellite Industry. Cable & Satellite is the tenth most oversold industry. 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 111.55 on July 24, 2026. CHTR lost 325.51 points, or 74.48%, in 62 weeks. The price is now at the 10.27% retracement level.

Medium-term trend: [See CHTR medium-term trend chart]
A medium-term downtrend had started on April 23, 2026 at 254.11 and reached 111.55 on July 24, 2026. CHTR lost 142.56 points, or 56.10%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (108.83) 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 July 24, 2026 at 111.55 and reached 146.85 on July 29, 2026. CHTR gained -35.30 points, or -31.65%, in 5 days. The price is now at the 5.30% retracement level.

Daily Technical Indicators: [See CHTR daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.66
Williams' Percentage Range (W%R) 18.00
Overbought
Lane's Stochastic (%D-Slow) 90.23
Strong Overbought
Greed/Fear Indicator (GFI) 78.63
Moving Average Converg./Diverg. (MACD) -1.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.33
Williams' Percentage Range (W%R) 79.70
Lane's Stochastic (%D-Slow) 24.67
Greed/Fear Indicator (GFI) 30.58
Moving Average Converg./Diverg. (MACD) -25.94
Trading Signals
Description Value Chart
Upper Bollinger Band 147.08
Price 144.98
Daily Stochastic Crossing 144.40
50 Day Moving Average 136.25
20 Day Moving Average 133.35
Weekly Stochastic Crossing 125.82
Monthly Trendline Resistance 124.15
Lower Bollinger Band 123.65
Parabolic System 115.52
Sector and Industry
Description Name Rank
Sector Communication Services 5
Industry Cable & Satellite 10
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 111.55
Low Date 07/24/2026
High 146.85
High Date 07/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 111.55
Low Date 07/24/2026
High 146.85
High Date 07/29/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 124.15
Support 108.83
High 254.11
High Date 04/23/2026
Low 111.55
Low Date 07/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 437.06
High Date 05/16/2025
Low 111.55
Low Date 07/24/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 825.62
High Date 09/02/2021
Low 111.55
Low Date 07/24/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.