Charter Communications (CHTR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CHTR · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$153.07last close · Aug 4, 202652-week range $111.55$285.82 · 46.45% below the high

CHTR Falling Wedge Pattern

CHTR is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $364.26 (+10.8%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; CHTR's own falling wedges have hit 61.5%.

DirectionBullishTarget$364.26Projected move+10.8%Breakout level$330.09

New to this pattern? What a falling wedge is and how to trade it →

CHTR's Most Recent Falling Wedge Trade

CHTR's most recent completed falling wedge resolved as a win: it broke higher on Oct 14, 2024 near $332.03, then reached its target at $389.57 on Nov 15, 2024 — a +3.12R move (17.3%) over 24 sessions. Across 52 backtested falling wedges, this setup wins 61.5% of the time.

OutcomeWinResult+3.12REntry$332.03Exit$389.57

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
CHTR win rate
61.5%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

CHTR Pattern Trade History

Every completed pattern trade our nightly backtest found on CHTR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeOct 14, 2024 @ $332.03Nov 15, 2024 @ $389.56Win+3.12R
Falling WedgeFeb 2, 2024 @ $344.99Feb 5, 2024 @ $315.62Win+0.77R
Falling WedgeJan 26, 2024 @ $379.82Feb 2, 2024 @ $319.21Loss-3.19R
Falling WedgeDec 22, 2023 @ $385.49Feb 2, 2024 @ $319.21Loss-2.45R
Rising WedgeOct 25, 2023 @ $426.65Oct 27, 2023 @ $393.67Win+1.04R
TriangleOct 19, 2023 @ $441.43Oct 26, 2023 @ $402.30Win+2.32R
TriangleOct 10, 2023 @ $444.69Oct 25, 2023 @ $423.73Loss-1.09R
TriangleFeb 21, 2023 @ $385.06Mar 8, 2023 @ $353.00Win+1.15R
TriangleDec 14, 2022 @ $343.07Dec 15, 2022 @ $338.56Win+0.08R
Rising WedgeDec 1, 2022 @ $386.20Dec 14, 2022 @ $340.06Win+2.67R
Rising WedgeJun 3, 2022 @ $492.54Jun 14, 2022 @ $449.01Win+1.88R
Falling WedgeApr 18, 2022 @ $545.87Apr 27, 2022 @ $484.58Win+2.13R

CHTR Support and Resistance Levels

Price is bouncing off a floor near $122.98 and starting to climb. On the weekly chart, the next ceiling overhead sits near $223.34 — about 46% away.

  • Traders commonly watch $223.34 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $122.98 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $127.22, resistance near $165.13. These are chart/swing-derived levels, not formula pivots.

Resistance
$165.13$169.16$241.05
Support
$127.22$126.81$123.74$123.46

CHTR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$143.78$153.35$143.02$153.07
Aug 3, 2026$146.83$148.77$142.34$144.10
Jul 31, 2026$140.50$146.58$138.80$144.98
Jul 30, 2026$140.00$142.09$136.67$142.00
Jul 29, 2026$138.02$146.85$136.50$145.20
Jul 28, 2026$133.58$141.16$132.20$139.97
Jul 27, 2026$125.49$132.57$123.83$131.61
Jul 24, 2026$111.80$125.74$111.55$123.31
Jul 23, 2026$128.49$129.92$123.16$126.50
Jul 22, 2026$130.76$130.82$125.45$129.22

CHTR Frequently Asked Questions

What chart pattern is CHTR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Charter Communications (CHTR) on the daily chart, with a measured-move target of $364.26.
Is a falling wedge bullish or bearish?
The falling wedge detected on CHTR is a bullish pattern, projecting a measured-move target of $364.26. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for CHTR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CHTR's nearest support is around $127.22 and nearest resistance around $165.13.
What is the price target if CHTR's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $364.26 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CHTR's closing price on Aug 4, 2026?
Charter Communications (CHTR) last closed at $153.07 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.