Charter Gains 7.6% Momentum Builds Toward 210

$Charter(CHTR)$

Charter Communications, Inc. (CHTR) Jumps +7.62%: Rebound from Oversold Territory, Eyes $210 Resistance

Latest Close Data

Closed at $206.12 on 2026-02-01, up +7.62% with a strong intraday range of $199.13 - $214.84. It remains significantly below its 52-week high of $437.06.

Core Market Drivers

The surge was driven by strong net capital inflows over recent sessions and a potential technical rebound from deeply oversold levels. The stock's historically low valuation (P/E of 5.71) may have attracted bargain-hunting.

Technical Analysis

Volume was high at 7.2M shares (Vol Ratio 3.14), confirming the move.
RSI(6) at 69.03 indicates strong short-term momentum, nearing overbought.
MACD histogram turned positive to 1.14, signaling a potential bullish crossover as DIF begins to converge upward toward DEA.

Key Price Levels

Primary Support: $199.13 (Today's Low)
Strong Resistance: $209.38 (Recent Pivot High)
Immediate Pivot: ~$205.38 (Previous Support/Resistance Zone)

Valuation Perspective

Forward P/E of 4.78 is well below its historical average of 8.75 and even below the -1 Std. Dev. of 6.88, indicating extreme undervaluation relative to its own history. P/S of 0.48 is also very low.

Analyst Targets

19 analysts have an average price target of $314.85 (53% upside). Sentiment is mixed: 3 Strong Buy, 3 Buy, 11 Hold, 5 Underperform, 1 Sell.

Weekly Outlook

Expect consolidation between $199 and $210. A decisive break above $210 could target the $215-$220 zone. Failure to hold $199 may see a retest of the $190-$195 support area.

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