Charter Communications (CHTR) Analysis - Buy, Sell, Hold?

Charter Communications (CHTR) is in Stage 1: Breakdown / Oversold Rebound Attempt. The Nov. 6 Q3 earnings report is the next major catalyst, with analysts expecting roughly $13.5 billion in revenue and a 473,000 broadband-subscriber loss for 2026.

1: Chart Analysis & Price Action

• Overall trend: Bearish. CHTR is below its 21-, 50- and 200-day moving averages, with a one-year return of approximately -47.3% and a year-to-date return of about -55%.
• Recent price behavior: On Oct. 20, CHTR opened at $110.80, traded between $108.80 and $112.56, and closed at $110.03, up 1.40% from the prior close of $108.51.
• Rebound character: The stock rebounded from Monday's 1.45% drop to $108.51, closing near the upper part of the session range. However, the move came on roughly average volume, so confirmation is incomplete.
• Range behavior: The 52-week range is $101.63 to $255.00. At $110.03, CHTR is about 8.2% above its annual low and 56.9% below its annual high.
• Moving-average structure: Price is below the 21-day average ($111.46), 50-day average ($132.98) and 200-day average ($169.84). The $111 to $112 area is the immediate resistance zone.

2: Volume & Momentum

• Volume: Oct. 20 volume was approximately 3.03 million shares versus the 3.08 million average, roughly 98% of average.
• Volume-price relationship: The 1.40% gain on roughly average volume is a modest rebound, not a high-conviction reversal.
• Momentum: RSI(14) was about 40.9, weak but not deeply oversold. MACD was negative at about -7.23, though the histogram was positive at +1.20, suggesting early momentum improvement.
• Volatility: The session range was $3.76, or about 3.4% of the closing price. This is meaningful for a large-cap cable operator.
• Interpretation: The stock is in a breakdown with a weak rebound attempt. A hold above $108.37 to $108.80 followed by a higher low would be an early stabilization signal; a break below $106.70 would extend the decline.

3: Phase Classification

4: Summary & Risk Plan

Based on the broadband-loss concerns, weak RSI, negative MACD and price below all major moving averages, CHTR is in Stage 1: Breakdown / Oversold Rebound Attempt.

Key Observations

• Trend: Bearish below all major moving averages.
• Volume: Roughly average on Oct. 20.
• Volatility: Elevated; roughly 3.4% intraday range.
• Momentum: RSI weak, MACD negative but histogram positive.
• Immediate support: $108.37 to $108.80.
• Key support: $106.70 to $107.65.
• Major support: $104.61 to $105.31.
• Structural support: $101.63.
• Immediate resistance: $111.18 to $112.13.
• Key resistance: $112.37 to $112.56.
• Major resistance: $114.22 to $115.89.

Suggested Strategy

• Fresh buyers should avoid chasing a stock that has fallen roughly 55% year to date on broadband-loss concerns.
• Existing holders should monitor $108.37 to $108.80 as the immediate risk-control zone.
• A hold above $108.37 to $108.80 followed by a higher low would be the first stabilization sign.
• A recovery above $111 to $112 would improve the short-term setup.
• A sustained move above $114 to $116 would provide stronger evidence of trend repair.
• A close below $108.37 would invalidate the immediate stabilization thesis.
• A break below $106.70 would increase downside risk toward $104.61 to $105.31.
• Track Q3 results on Nov. 6, broadband subscriber trends, ARPU, mobile growth, Cox acquisition progress, EBITDA trends, leverage and the next quarterly earnings report.

This analysis is educational and based on publicly reported market data through Oct. 20, 2026. It is not investment advice. Technical levels are approximate chart references, not guaranteed floors or targets. Confirm current price, volume, company disclosures and your own risk tolerance before trading or investing.