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 8 out of 10. Both in the recent history as in the last year, CHT has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
In the last month CHT has a been trading in the 37.03 - 40.36 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CHT is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CHT is part of the Diversified Telecommunication Services industry. There are 32 other stocks in this industry, CHT did better than 61% of them.
CHT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 40.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.24, a Stop Loss order could be placed below this zone.
More info and screens
35.15
41.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 38.94 to 39.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.32 to 37.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 40.30 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
CRS81.3
Mansfield1.12
10 Day High40.36
10 Day Low37.03
20 Day High40.36
20 Day Low37.03
52 Week High40.62
52 Week Low35.92
Performance
1 Week2.99%
2 Weeks0.71%
1 Month2.44%
3 Month5.66%
6 Month3.79%
12 Month5.57%
2 Year-3.06%
3 Year-8.81%
5 Year8.56%
10 Year24.18%
15 Year104.71%
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)0.11
RSI(14)57.14
LBB37.81
UBB40.75
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 |
|---|---|---|---|
| 40.61 | 38.93 | 1.68 (4.14%) | 24.17% |
| An entry @40.61. This is a Buy Stop order right above the resistance zone. | An exit @38.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.68 points, which is 4.14%. | For a 1.00% total portfolio risk, you can invest 24.17% of your capital in this trade. |
- 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.
39.96
+0.09 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.23%
1 Week2.99%
2 Weeks0.71%
1 Month2.44%
3 Month5.66%
6 Month3.79%
12 Month5.57%
2 Year-3.06%
3 Year-8.81%
5 Year8.56%
10 Year24.18%
15 Year104.71%
Volatility
ATR(14)1.03
ATR(20)%2.14%
ATR Inc-67.06%
Range Today0.34
ADR(20)0.81
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.3
Mansfield1.12
10 Day High40.36
10 Day Low37.03
20 Day High40.36
20 Day Low37.03
52 Week High40.62
52 Week Low35.92
CS1 End39.24
CR1 Start40.3
Volume & EV
DER(3)-4.84%
DER(5)-3.32%
Volume154.60K
Volume Incr9.04%
Vol(5)156.58K
Vol(50)125.54K