Charter Communications, Inc. (CHTR)
Current Price: $196.26
Date: December 2, 2025
Charter Communications is currently experiencing significant downward pressure, closing at $196.26 on December 2, 2025. The recent price action indicates ongoing bearish sentiment, with the stock trading below key moving averages and technical indicators pointing towards continued weakness.
Technical Indicator Summary Table
| Indicator | Current Value | Key Levels | Analysis |
|---|---|---|---|
| Current Price | $196.26 | — | Trading within the lower range of the Bollinger Bands; experiencing prolonged weakness |
| 20-day SMA | $205.66 | Price < SMA indicates bearish | Short-term resistance, declining SMA highlights negative momentum |
| 50-day SMA | $237.6 | Price < SMA indicates bearish | Indicates persistent long-term downtrend, strong resistance overhead |
| 100-day SMA | $263.3 | Price < SMA indicates bearish | Major resistance level, difficult to overcome without strong bullish catalysts |
| RSI | 28.81 | Oversold: < 30 | Nearing oversold territory, potential for short-term rebound, but overall bearish bias |
| Bollinger Bands | $187.47 - $223.85 | Price below middle band, close to lower band | Indicates bearish trend with potential volatility, lower band providing short-term support |
| MACD | -11.49 (Histogram: 1.22) | Negative Histogram | Subtle momentum shift indicated by positive histogram, but MACD line still negative |
| On Balance Volume | -40,071,686 | Declining OBV confirms bearish trends | Selling pressure outweighs buying interest, indicating further downside risk |
Moving Averages (SMA and EMA)
The 20-day SMA, currently at $205.66, acts as a short-term resistance level with the stock's price consistently closing below it. This indicates a bearish short-term outlook. The downward trend is further reinforced by the 50-day and 100-day SMAs, at $237.6 and $263.3 respectively, which are significantly higher than the current price, underscoring a sizeable overhead resistance.
The Exponential Moving Averages (EMAs) also support this bearish perspective, with the 12-day EMA ($201.58) below the 26-day EMA ($213.07). This alignment confirms a sustained bearish momentum, although the narrowing gap suggests a potential slowing of downward momentum.
Relative Strength Index (RSI)
The RSI is at 28.81, marginally below the oversold threshold of 30. This suggests that while the stock could be due for a short-term technical rebound, the prevailing trend remains negative. The RSI's proximity to oversold conditions indicates that further downside might be temporarily limited, providing cautious optimism for short-term traders.
Bollinger Bands
Currently, CHTR is trading closer to the lower Bollinger Band at $187.47, confirming the bearish pressure. The middle band coincides with the 20-day SMA, acting as a potential target if a relief rally occurs. However, the price's sustained position near the lower band indicates that the downward trend is still intact.
MACD
The MACD line is at -11.49, below the signal line, but with a positive histogram reading of 1.22, suggesting a subtle shift in momentum. This positive histogram could indicate the beginning of a short-term bullish crossover in the coming days. However, the MACD remains in bearish territory overall, suggesting any rally may be part of a larger corrective pattern.
On Balance Volume (OBV)
The OBV stands at -40,071,686, reflecting persistent selling pressure. The decline in OBV suggests a lack of substantial buying interest, an important bearish confirmation of the ongoing price decline. Large negative values like these indicate that significant accumulation of longs is yet to emerge.
Candlestick Patterns
Recent candlestick formations suggest potential short-term stabilization attempts. On November 25, 2025, a Doji pattern was observed, indicating indecision in the market. Subsequent days have shown small-bodied candles with longer wicks, suggesting attempts to find support. However, without a clear bullish reversal pattern, such as a bullish engulfing, the longer-term outlook remains bearish.
Summary
Overall, CHTR is facing significant resistance from major moving averages and remains in a bearish trend. The RSI's oversold condition suggests a potential short-term rebound, supported by improving, albeit negative, MACD readings. A sustained rally would need confirmation through stronger volume and a break above the 20-day SMA at $205.66.
Traders should watch for potential short-term bounces due to oversold conditions, with selling pressure likely to resume near resistance levels around the 20-day SMA or higher. For a trend reversal, significant buying interest is needed to shift OBV into positive territory. In the interim, continued caution is advised.