CHUNGHWA TELECOM LT-SPON ADR (CHT) Technical Analysis
NYSE:CHT • US17133Q5027
Current stock price
CHT Technical Rating and Analysis
Taking everything into account, CHT scores 4 out of 10 in our technical rating. In the last year, CHT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- CHT is part of the Diversified Telecommunication Services industry. There are 37 other stocks in this industry, of which 69% are performing better than CHT.
- In the last month CHT has a been trading in the 39.28 - 43.76 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, CHT turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- CHT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHT is lagging the market slightly.
CHT Weekly and Daily overview Charts
CHT Setup Rating and Analysis
CHT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 42.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.39, a Stop Loss order could be placed below this zone.
More info and screens
CHT Support and Resistance Analysis
40.32
2 important support areas can be observed.
- A support zone ranging from 41.89 to 42.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.73 to 41.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 42.64 to 43.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.53 from a horizontal line in the daily time frame.
CHT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CHT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHT is neutral. |
| ChartMill Relative Strength | 49.62 | NEUTRAL | CHT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.35 | NEUTRAL | The RSI value for CHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CHT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.45 | NEUTRAL | The Stochastics value for CHT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CHT suggests some volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for CHT suggests a strong trend. |
CHT Chart- and CandleStick Pattern Analysis
CHT Technicals: Chart, Performance Metrics, Trend & Indicators
42.41
+0.02 (+0.05%)
CHUNGHWA TELECOM LT-SPON ADR / CHT TA FAQ
What is the ChartMill technical rating of CHUNGHWA TELECOM LT-SPON ADR (CHT) stock?
ChartMill assigns a technical rating of 4 / 10 to CHT.
What is the trend direction for CHT stock?
The current trend direction for CHUNGHWA TELECOM LT-SPON ADR (CHT) is Bearish.
Can you provide the RSI signal for CHUNGHWA TELECOM LT-SPON ADR?
CHUNGHWA TELECOM LT-SPON ADR (CHT) has an RSI value of 47.345. This indicates that the stock is currently neutral.
What is the MACD signal for CHT stock?
The MACD indicator for CHUNGHWA TELECOM LT-SPON ADR (CHT) has a value of -0.0513345, indicating a bearish trend.
Can you provide the short term momentum for CHUNGHWA TELECOM LT-SPON ADR?
The short term momentum for CHUNGHWA TELECOM LT-SPON ADR (CHT) is neutral.