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Bullish Moving Average Cross by Charter Commun-A (CHTR)

By David Diaz

Charter Commun-A (NASDAQ:CHTR) shares have crossed bullishly above their 10-day moving average of $435.00 on a volume of 275K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Charter Commun-A share prices have been bracketed by a low of $343.15 and a high of $546.54 and are now at $454.85, 33% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.5%.

SmarTrend is monitoring the recent change of momentum in Charter Commun-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Charter Commun-A in search of a potential trend change.

Keywords: moving crosses charter commun-a

Ticker(s): CHTR