Based on the provided data, here's a concise analysis of CHTR stock:
Technical Analysis
The stock is currently trading at $359.96, showing a 2.03% gain in the last regular trading session. The RSI-14 reading of 53.79 indicates neutral momentum, while the MACD at -3.88 suggests some bearish pressure remains.
Recent Price Action
The stock has found support around the $320-330 level according to Fibonacci analysis, with immediate resistance at $357.20 and next resistance at $363.42. The price is currently trading above its 20-day moving average of $348.53, indicating short-term bullish momentum.
Analyst Sentiment
Recent analyst actions show mixed sentiment:
- RBC Capital maintained Hold with a price target reduction from $390 to $380 (Jan 15, 2025)
- Keybanc upgraded to Buy with $500 target (Dec 12, 2024)
- Multiple firms maintain Hold ratings with price targets ranging from $360-$415
Fundamental Catalysts
The company is scheduled to report Q4 earnings on January 31, 2025. Analysts expect non-GAAP EPS of $9.45, representing a 33.7% year-over-year increase. The company's Q3 results showed resilient revenue growth of 1.6% and strong free cash flow growth of 47.6%.
Conclusion
Based on the technical setup and mixed analyst sentiment, CHTR appears to be in a neutral-to-slightly-bullish position in the short term. The upcoming earnings report could be a significant catalyst. The stock is showing signs of stabilization above its 20-day moving average but needs to clear resistance at $363.42 for further upside momentum.