Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Chunghwa Telecom is 66230

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	38.54	38.11	38.60	38.11	1.523 times
19 Fri Apr 2024	37.85	37.97	38.19	37.80	1.305 times
18 Thu Apr 2024	38.16	38.21	38.22	38.05	0.915 times
17 Wed Apr 2024	38.00	38.16	38.16	37.83	1.312 times
16 Tue Apr 2024	38.17	38.24	38.29	38.10	0.784 times
15 Mon Apr 2024	38.63	38.80	38.80	38.50	1.024 times
12 Fri Apr 2024	38.50	38.73	38.77	38.50	0.841 times
11 Thu Apr 2024	39.01	39.08	39.20	39.00	0.868 times
10 Wed Apr 2024	38.89	38.93	38.97	38.65	1.255 times
09 Tue Apr 2024	39.25	39.14	39.33	39.10	0.987 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.3 as stoploss in an intra day buy trade for a target of 38.82. However, stock will show a bearish move below 38.3.

Share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Target	36.37
Downside Target	37.40
Upside Target	38.80
Upside Target	39.06
Upside Target	39.07
Upside Target	39.10
Upside Target	39.39
Upside Target	39.51
Upside Target	39.59

Intraday share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Intraday Target	38.23
Downside Intraday Target	37.93
Upside Intraday Target	38.72
Upside Intraday Target	38.91
Downside Intraday Target	38.42

Weekly technical analysis of Chunghwa Telecom (CHT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	38.54	38.11	38.60	38.11	0.285 times
19 Fri Apr 2024	37.85	38.80	38.80	37.80	1.145 times
12 Fri Apr 2024	38.50	39.11	39.39	38.50	1 times
05 Fri Apr 2024	38.96	39.29	39.59	38.77	0.901 times
28 Thu Mar 2024	39.14	38.73	39.51	38.55	0.835 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
22 Mon Apr 2024	38.54	39.29	39.59	37.80	0.692 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
31 Wed Jan 2024	37.58	38.90	39.07	36.37	0.935 times

Scroll below to view daily charts

Price has moved down 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Chunghwa Telecom ( (CHT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Chunghwa Telecom stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Chunghwa Telecom in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 38.48 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 falling down

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 has given negative 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.