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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 2024-07-12 View latest technical analysis

10 day averaged volume of Chunghwa Telecom is 81130

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	36.51	36.47	36.89	36.25	1.132 times
11 Thu Jul 2024	36.30	36.24	36.49	36.11	0.921 times
10 Wed Jul 2024	36.18	36.41	36.44	35.92	0.985 times
09 Tue Jul 2024	36.12	36.31	36.35	36.04	1.559 times
08 Mon Jul 2024	36.31	36.63	36.73	36.27	1.459 times
05 Fri Jul 2024	36.56	36.92	37.06	36.52	1.434 times
03 Wed Jul 2024	37.35	37.33	37.64	37.17	0.883 times
03 Wed Jul 2024	37.35	37.33	37.64	37.17	0.883 times
02 Tue Jul 2024	38.54	38.51	38.65	38.41	0.716 times
01 Mon Jul 2024	38.78	38.77	38.79	38.56	0.604 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.7, but if it comes above 36.7, then a intra day buy could be more profitable.
If you take a sell trade below 36.7, then use 36.7 as stoploss and 35.2 as target. However if you take a buy trade in stock , then use 36.7 as stoploss and 37.97 as target.

Share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Target	35.92
Upside Target	38.48
Upside Target	38.79
Upside Target	38.93
Upside Target	39.51
Upside Target	39.59
Upside Target	39.68
Upside Target	39.77
Upside Target	39.78

Intraday share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Intraday Target	35.99
Downside Intraday Target	35.47
Upside Intraday Target	36.96
Upside Intraday Target	37.41
Downside Intraday Target	36.44

Weekly technical analysis of Chunghwa Telecom (CHT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	36.51	36.63	36.89	35.92	2.615 times
05 Fri Jul 2024	36.56	37.33	37.64	36.52	1.051 times
03 Wed Jul 2024	37.35	38.77	38.79	37.17	0.365 times
28 Fri Jun 2024	38.61	38.50	38.93	38.12	1.701 times
21 Fri Jun 2024	38.48	39.51	39.77	38.48	3.238 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chunghwa Telecom (CHT)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	36.51	38.77	38.79	35.92	0.658 times
28 Fri Jun 2024	38.61	39.65	39.78	38.12	1.173 times
31 Fri May 2024	39.61	37.78	39.68	37.69	0.732 times
30 Tue Apr 2024	37.71	39.29	39.59	37.66	0.981 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Chunghwa Telecom in short term and the sell signal is strong.

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 below 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 36.79 and Chunghwa Telecom (CHT) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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