CHUNGHWA TELECOM LT-SPON ADR (CHT) Stock Technical Analysis
NYSE:CHT - New York Stock Exchange, Inc. - US17133Q5027 - ADR - Currency: USD
Overall CHT gets a technical rating of 7 out of 10. Although CHT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
CHT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CHT slightly outperforms the market at the moment.
When compared to the yearly performance of all other stocks, CHT outperforms 65% of them, which is more or less in line with the market.
CHT is an average performer in the Diversified Telecommunication Services industry, it outperforms 46% of 31 stocks in the same industry.
In the last month CHT has a been trading in a tight range between 37.63 and 39.47.
Besides having an excellent technical rating, CHT also presents 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 39.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
35.15
41.01
We found 4 important support areas.
- A support zone ranging from 38.35 to 39.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @37.62 from a horizontal line in the daily time frame.
- A support zone ranging from 36.11 to 36.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.78 to 40.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.23
Mansfield-0.07
10 Day High39.47
10 Day Low38.51
20 Day High39.47
20 Day Low37.63
52 Week High40.62
52 Week Low35.92
Performance
1 Week0.75%
2 Weeks0.36%
1 Month1.58%
3 Month2.01%
6 Month1.11%
12 Month2.43%
2 Year0.18%
3 Year-11.88%
5 Year10.12%
10 Year22.14%
15 Year101.59%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)58.18
LBB38.52
UBB39.4
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.48 | 38.50 | 0.98 (2.48%) | 25.00% |
| An entry @39.48. This is a Buy Stop order right above the 10 day high. | An exit @38.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.98 points, which is 2.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
39.17
+0.02 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.05%
1 Week0.75%
2 Weeks0.36%
1 Month1.58%
3 Month2.01%
6 Month1.11%
12 Month2.43%
2 Year0.18%
3 Year-11.88%
5 Year10.12%
10 Year22.14%
15 Year101.59%
Volatility
ATR(14)0.52
ATR(20)%1.33%
ATR Inc-24.66%
Range Today0.27
ADR(20)0.48
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.23
Mansfield-0.07
10 Day High39.47
10 Day Low38.51
20 Day High39.47
20 Day Low37.63
52 Week High40.62
52 Week Low35.92
CS1 End39.16
CR1 Start39.78
Volume & EV
DER(3)-3.76%
DER(5)-1.45%
Volume94.60K
Volume Incr17.1%
Vol(5)127.14K
Vol(50)102.86K