Boost

Million

Resistance

Billion

Spectrum

<ul class="list-ic vertical">
 <li><span>1</span> <a>CHTR stock price rose 5.89% over the last week and trading above major 20, and 50-daily moving averages.</a></li>
 <li><span>2</span> <a>Charter Communications Inc. (NASDAQ: CHTR) stock’s 52-week price range is between $297 – $458.</a></li>
</ul>
<p>Charter Communications Inc. is a company that offers broadband communications services. It provides customers with Spectrum TV, Spectrum Internet, and Spectrum Voice, which are services for watching television, accessing the internet, and making phone calls.</p>
<p>CHTR stock’s latest quarterly balance sheet for the period ending June 2023 reported total assets of $145.62 Billion and total liabilities of $131.59 Billion. The debt-to-assets ratio is at 90.37%.</p>
<p>Charter Communications’ latest quarterly earnings report for the period ending June 2023, displayed a revenue of $13.66 Billion, with a net income of $1.22 Million, and a gain in profit margin from the last quarter of 8.95%. This quarter, the CHTR reported revenue missed analysts’ estimates by $181.882 Million (1.31%).</p>
<p>Moreover, the CHTR stock reported an EPS of $8.05 for the period ending June 2023, missing the analysts’ estimate of $8.061 by 0.14%. The next quarter’s revenue is estimated to be $13.647 Billion and the estimated EPS to be $8.071. The report will be released on October 27th, 2023.</p>
<h2 class="wp-block-heading" id="strong-chtr-stock-price-technical-analysis-in-1-d-timeframe-strong"><strong>CHTR Stock Price Technical Analysis in 1-D Timeframe</strong></h2>
<p>The CHTR stock has a CMP of $454.45 and an intraday gain of 1.15%. The CHTR stock’s average volume for the last 10 days is 853.299K and its current volume is 686.447K. The CHTR stock has a share float of 101.974 Million shares and a market cap of $68.018 Billion.</p>
<p>At the time of writing, CHTR stock is trading above the major 20 and 50 EMAs. The MACD in CHTR stock shows a bullish cross. The RSI is at 62.82 and took support on 14 SMA which is at 54.40. The indicators in the stock suggest bullish signals on the charts.</p>
<p>According to Charter Communications Inc. (NASDAQ: CHTR) chart, the stock price has been on the rise since June 2023, when CHTR rallied from the $322 support level. It reached a high at $458 in the previous day’s trading session on October 16th, 2023, destroyed in between hurdles by making higher highs and lows and also following the trendline support strongly.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" loading="lazy" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473.png" alt="CHTR Stock Forecast: Can (NASDAQ: CHTR) Boost Upward &amp; Jump $500?" class="wp-image-176356" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-473-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: CHTR.1D.NASDAQ by TradingView
  </figcaption>
 </figure>
</div>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" loading="lazy" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472.png" alt="CHTR Stock Forecast: Can (NASDAQ: CHTR) Boost Upward &amp; Jump $500?" class="wp-image-176355" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-472-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: CHTR.1D.NASDAQ by TradingView
  </figcaption>
 </figure>
</div>
<p>Therefore, if buyers thrust more, the <a href="https://www.thecoinrepublic.com/2023/09/25/charter-stock-analysis-will-chtr-reach-500-by-end-of-2023/" rel="noopener noreferrer nofollow">CHTR</a> stock might surge abruptly from its current level and surge above, it might make new peak highs and break the all-time high as well. The possible targets are between $470 and $480.</p>
<p>On the contrary, if the CHTR stock fails to hold its grip and consecutively falls below and breaches $445, it may slide to $435.</p>
<p>In addition, the stock ratings for <a href="https://www.thecoinrepublic.com/2023/09/25/charter-stock-analysis-will-chtr-reach-500-by-end-of-2023/" target="_blank" rel="noopener noreferrer nofollow">CHTR</a> stock are positive and&nbsp; highly recommended based on 29 analysts who have evaluated the stock in the last three months. The 1-year price forecasts for CHTR stock by 24 analysts range between $300.00 to $708.00.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>The technical analysis tools of the Charter stock price highlight upward signals and support bullishness. Charter Communications Inc. (NASDAQ: CHTR) chart indicates that the traders and investors of the share price are bullish and positive on the 1-D timeframe. The price action shows higher highs and lows formation in CHTR stock showing signs of a more bullish outlook at the time of publishing.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $160 and $150</p>
<p><strong>Resistance Levels</strong>: $170 and $180</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

CHTR Stock Forecast: Can (NASDAQ: CHTR) Boost Upward & Jump $500?

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