CHARTER COMMUNICATIONS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	CHTR
ISIN:

CHARTER COMMUNICATIONS INC. - 1H - Technical analysis published on 11/11/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

39%

33%

My opinion

Bullish above 382.92 USD

My targets

397.05 USD (+0.78%)

413.79 USD (+5.03%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 382.92 USD remains possible. It is advisable to trade CHARTER COMMUNICATIONS INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 382.92 USD. The next bullish objective for buyers is set at 397.05 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 413.79 USD. If there is any crossing, the next objective would be the resistance located at 455.73 USD. PS: if there is a bearish break in the support located at 382.92 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CHARTER COMMUNICATIONS INC. rating 393.98 USD. On the day, this instrument gained +0.07% with the lowest point at 393.00 USD and the highest point at 401.23 USD. The deviation from the price is +0.25% for the low point and -1.81% for the high point.

393.00

401.23

393.98

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CHARTER COMMUNICATIONS INC. in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	338.76	361.98	382.92	393.98	397.05	413.79	455.73
Change (%)	-14.02%	-8.12%	-2.81%	-	+0.78%	+5.03%	+15.67%
Change	-55.22	-32.00	-11.06	-	+3.07	+19.81	+61.75
Level	Intermediate	Minor	Major	-	Minor	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	386.22	389.06	391.38	394.22	396.54	399.38	401.70
Camarilla	392.29	392.76	393.24	393.71	394.18	394.66	395.13
Woodie	385.97	388.93	391.13	394.09	396.29	399.25	401.45
Fibonacci	389.06	391.03	392.25	394.22	396.19	397.41	399.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	322.67	344.91	369.31	391.55	415.95	438.19	462.59
Camarilla	380.88	385.16	389.44	393.71	397.99	402.26	406.54
Woodie	323.75	345.45	370.39	392.09	417.03	438.73	463.67
Fibonacci	344.91	362.73	373.73	391.55	409.37	420.37	438.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	274.93	294.96	311.29	331.32	347.65	367.68	384.01
Camarilla	317.61	320.94	324.28	327.61	330.94	334.28	337.61
Woodie	273.07	294.04	309.43	330.40	345.79	366.76	382.15
Fibonacci	294.96	308.85	317.43	331.32	345.21	353.79	367.68

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.13
MACD (12,26,9):	2.7400
Directional Movement:	7.15
AROON (14):	78.57
DEMA (21):	399.93
Parabolic SAR (0,02-0,02-0,2):	401.66
Elder Ray (13):	-0.54
Super Trend (3,10):	389.04
Zig ZAG (10):	394.70
VORTEX (21):	0.8300
Stochastique (14,3,5):	45.72
TEMA (21):	395.93
Williams %R (14):	-71.68
Chande Momentum Oscillator (20):	0.75
Repulse (5,40,3):	-0.8200
ROCnROLL:	-1
TRIX (15,9):	0.1300
Courbe Coppock:	1.20

MA7:	387.73
MA20:	349.58
MA50:	337.66
MA100:	335.48
MAexp7:	396.51
MAexp20:	395.41
MAexp50:	384.36
MAexp100:	368.18
Price / MA7:	+1.61%
Price / MA20:	+12.70%
Price / MA50:	+16.68%
Price / MA100:	+17.44%
Price / MAexp7:	-0.64%
Price / MAexp20:	-0.36%
Price / MAexp50:	+2.50%
Price / MAexp100:	+7.01%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on CHARTER COMMUNICATIONS INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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