Bulls Push CHTR Above Key EMAs to $231.85
Charter Communications Inc (CHTR) gained 1.91% to finish at $231.85 on February 25.
Chart analysis reveals a mixed configuration:
Momentum
RSI at 58.4 is neutral but weakening. MACD is bearish (7.69 vs signal 8.21).
Moving Averages
The stock holds above both the 9-day ($231.78) and 21-day ($225.04) EMAs, confirming the uptrend.
Volatility
Bollinger Band width at 33.7% indicates normal volatility.
While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.
Traders are watching $185.82 on the downside and $261.23 on the upside.
