Charter Communications Inc’s filing revealed that its Director Rutledge Thomas acquired Company’s shares for reported $6.0 million on Nov 14 ’24. In the deal valued at $400.00 per share,15,000 shares were bought.
Exane BNP Paribas downgraded its Charter Communications Inc [CHTR] rating to an Underperform from a a Neutral in a research note published recently. KeyBanc Capital Markets also remained covering CHTR and has increased its forecast on December 12, 2024 with a “an Overweight” recommendation from previously “Sector weight” rating. Exane BNP Paribas revised its rating on November 26, 2024. It rated CHTR as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of CHTR
On Tuesday, Charter Communications Inc [NASDAQ:CHTR] saw its stock jump 2.14% to $411.13. Over the last five days, the stock has gained 2.27%. Charter Communications Inc shares have risen nearly 19.94% since the year began. Nevertheless, the stocks have risen 55.77% over the past one year. While a 52-week high of $415.27 was reached on 05/13/25, a 52-week low of $266.06 was recorded on 04/09/25. SMA at 50 days reached $364.94, while 200 days put it at $357.36.
Levels Of Support And Resistance For CHTR Stock
The 24-hour chart illustrates a support level at 397.80, which if violated will result in even more drops to 384.48. On the upside, there is a resistance level at 418.83. A further resistance level may holdings at 426.54. The Relative Strength Index (RSI) on the 14-day chart is 68.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.19%. Stochastics %K at 93.60% indicates the stock is a selling.
