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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 2024-10-03 View latest technical analysis

10 day averaged volume of Chunghwa Telecom is 74370

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	38.69	38.99	38.99	38.69	0.921 times
02 Wed Oct 2024	39.17	39.34	39.34	39.06	1.097 times
01 Tue Oct 2024	39.30	39.63	39.63	39.29	0.991 times
30 Mon Sep 2024	39.67	39.86	39.97	39.52	0.648 times
27 Fri Sep 2024	40.23	40.40	40.53	40.23	1.257 times
26 Thu Sep 2024	40.59	40.15	40.62	40.15	1.046 times
25 Wed Sep 2024	40.03	40.05	40.10	39.89	0.984 times
24 Tue Sep 2024	40.06	39.70	40.08	39.66	0.811 times
23 Mon Sep 2024	39.65	39.39	39.65	39.38	0.787 times
20 Fri Sep 2024	39.33	39.28	39.38	39.22	1.242 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.8, but if it comes above 38.8, then a intra day buy could be more profitable.
If you take a sell trade below 38.8, then use 38.8 as stoploss and 38.2 as target. However if you take a buy trade in stock , then use 38.8 as stoploss and 39.35 as target.

Share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Target	35.92
Downside Target	38.09
Upside Target	39.09
Upside Target	39.38
Upside Target	39.42
Upside Target	39.63
Upside Target	39.78
Upside Target	39.97
Upside Target	40.62

Intraday share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Intraday Target	38.26
Downside Intraday Target	37.84
Upside Intraday Target	39.54
Upside Intraday Target	40.4
Upside Intraday Target	39.12

Weekly technical analysis of Chunghwa Telecom (CHT)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	38.69	39.86	39.97	38.69	0.749 times
27 Fri Sep 2024	40.23	39.39	40.62	39.38	0.924 times
20 Fri Sep 2024	39.33	39.42	39.42	39.05	0.896 times
13 Fri Sep 2024	39.38	38.70	39.42	38.51	0.842 times
06 Fri Sep 2024	38.74	38.43	39.02	38.09	4.466 times

Price has moved down 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
03 Thu Oct 2024	38.69	39.63	39.63	38.69	0.127 times
30 Mon Sep 2024	39.67	38.43	40.62	38.09	0.774 times
30 Fri Aug 2024	38.65	36.86	39.09	36.60	0.988 times
31 Wed Jul 2024	37.15	38.77	38.79	35.92	1.771 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Chunghwa Telecom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Chunghwa Telecom in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 39.68 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 positive

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