Key technical levels
As of the closing on June 25, Charter Communications (CHTR) stock was trading at $390.91. On the downside, the company’s immediate support lies near $386.95, while $393.67 could act as an immediate resistance level on a daily basis.
Based on the closing price of June 25, Charter Communications stock was trading 0.4% above its 20-day moving average of $389.34, 3.3% above its 50-day moving average of $378.48, and 7.6% above its 100-day moving average of $363.45.
The company’s 14-day RSI (relative strength index) was 58, which means investors are neutral towards the stock.
Currently, Charter Communications stock is trading 43.9% above its 52-week low of $271.56 per share and 2.6% below its 52-week high of $401.38 per share.
According to analysts’ consensus, Charter Communications stock has a mean target price of $410.15 and a current market price of $390.91, which suggests an upside potential of 4.9% in the next 12 months. The median target price was $423.00 on June 25. Among the 30 analysts tracking Charter Communications, 20 recommended a “buy,” nine recommended a “hold,” and one recommended a “sell.”