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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.

10 day averaged volume of Chunghwa Telecom is 69900

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	38.57	38.41	38.61	38.41	1.04 times
06 Mon May 2024	38.20	38.33	38.44	38.04	0.783 times
03 Fri May 2024	38.28	38.01	38.37	38.01	1.14 times
02 Thu May 2024	37.74	38.16	38.25	37.69	0.732 times
01 Wed May 2024	38.00	37.78	38.22	37.70	0.957 times
30 Tue Apr 2024	37.71	37.99	38.05	37.66	0.959 times
29 Mon Apr 2024	38.22	38.08	38.47	38.04	1.365 times
26 Fri Apr 2024	37.88	38.08	38.15	37.85	0.967 times
25 Thu Apr 2024	37.87	37.96	37.97	37.82	0.791 times
24 Wed Apr 2024	38.24	38.55	38.55	38.10	1.461 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38.6 as stoploss in an intra day sell trade for a target of 38.25. However, stock will show a bullish move above 38.6.

Share price targets for Chunghwa Telecom (CHT)

Target Type	Value
Downside Target	36.37
Downside Target	37.66
Upside Target	38.61
Upside Target	38.65
Upside Target	38.80
Upside Target	39.06
Upside Target	39.07
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	38.2
Downside Intraday Target	37.84
Upside Intraday Target	38.77
Upside Intraday Target	38.98
Downside Intraday Target	38.41

Weekly technical analysis of Chunghwa Telecom (CHT)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	38.57	38.33	38.61	38.04	0.354 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
12 Fri Apr 2024	38.50	39.11	39.39	38.50	1 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
07 Tue May 2024	38.57	37.78	38.61	37.69	0.214 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 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.1 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 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.