China Mobile Limited (CHL) Stock Technical Analysis
USA - NYSE:CHL - US15189T1079 - Common Stock
We assign a technical rating of 0 out of 10 to CHL. CHL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CHL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.23
We can see 6 important resistance areas.
- A resistance zone ranging from 28.07 to 28.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.42 to 29.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.93 from a trend line in the daily time frame.
- Resistance @33.51 from a trend line in the weekly time frame.
- A resistance zone ranging from 34.73 to 35.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @45.42 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CHL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHL is down. |
| ChartMill Relative Strength | 2.92 | NEGATIVE | CHL has a low relative strength, it was outperformed by 97.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.4 | NEUTRAL | The RSI value for CHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CHL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.96 | NEUTRAL | The Stochastics value for CHL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CHL suggests some volalility. |
27.51
+1.41 (+5.4%)
China Mobile Limited / CHL FAQ
Can you provide the ChartMill technical rating for China Mobile Limited?
ChartMill assigns a technical rating of 0 / 10 to CHL.
What is the trend direction for CHL stock?
The current trend direction for China Mobile Limited (CHL) is Bearish.
What is the RSI signal for China Mobile Limited (CHL) stock?
China Mobile Limited (CHL) has an RSI value of 44.3979. This indicates that the stock is currently neutral.
What is the MACD signal for China Mobile Limited (CHL) stock?
The MACD indicator for China Mobile Limited (CHL) has a value of -0.0397026, indicating a bearish trend.
What is the short term momentum for China Mobile Limited (CHL) stock?
The short term momentum for China Mobile Limited (CHL) is negative.