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(CHT) Chunghwa Telecom complete technical analysis [charts+indicators] | Buy/Sell Chunghwa Telecom | (CHT) share price targets

Complete technical analysis of Chunghwa Telecom (CHT) by charts plus indicators, forecast predictions and share price targets for Chunghwa Telecom (CHT)

Chunghwa Telecom trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Chunghwa Telecom is 53774

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	39.06	38.89	39.12	38.89	0.775 times
15 Wed May 2024	38.97	38.75	39.03	38.75	0.536 times
14 Tue May 2024	38.62	38.75	38.75	38.53	0.757 times
13 Mon May 2024	38.67	38.72	38.90	38.67	0.926 times
10 Fri May 2024	38.42	38.75	38.75	38.16	1.326 times
09 Thu May 2024	38.83	38.72	38.85	38.57	0.543 times
08 Wed May 2024	38.81	38.58	38.88	38.58	1.108 times
07 Tue May 2024	38.57	38.41	38.61	38.41	1.352 times
06 Mon May 2024	38.20	38.33	38.44	38.04	1.017 times
03 Fri May 2024	38.28	38.01	38.37	38.01	1.482 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.8, but if it comes below 38.8, then a intra day sell could be more profitable.
If you take a sell trade below 38.8, then use 38.8 as stoploss and 38.35 as target. However if you take a buy trade in stock , then use 38.8 as stoploss and 39.2 as target.

Share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Target	36.37
Downside Target	37.66
Downside Target	38.65
Downside Target	38.80
Downside Target	38.88
Downside Target	39.06
Upside Target	39.07
Upside Target	39.12
Upside Target	39.51
Upside Target	39.59

Intraday share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Intraday Target	38.69
Downside Intraday Target	38.31
Upside Intraday Target	39.28
Upside Intraday Target	39.49
Downside Intraday Target	38.9

Weekly technical analysis of Chunghwa Telecom (CHT)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	39.06	38.72	39.12	38.53	0.56 times
10 Fri May 2024	38.42	38.33	38.88	38.04	0.798 times
03 Fri May 2024	38.28	38.08	38.47	37.66	0.936 times
26 Fri Apr 2024	37.88	38.11	38.65	37.82	1.089 times
19 Fri Apr 2024	37.85	38.80	38.80	37.80	1.145 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Chunghwa Telecom (CHT)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	39.06	37.78	39.12	37.69	0.426 times
30 Tue Apr 2024	37.71	39.29	39.59	37.66	0.981 times
28 Thu Mar 2024	39.14	37.89	39.51	37.89	1.018 times
29 Thu Feb 2024	37.79	37.89	39.06	37.73	0.667 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Chunghwa Telecom (CHT)

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Chunghwa Telecom stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Chunghwa Telecom in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Chunghwa Telecom Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Chunghwa Telecom in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Chunghwa Telecom is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.58 and Chunghwa Telecom (CHT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Chunghwa Telecom (CHT) stock. Volume based technical analysis of Chunghwa Telecom (CHT) stock is negative.

Chunghwa Telecom Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.