CHT NEWS why is Chunghwa Telecom Co., Ltd. price falling or rising

CHT NEWS reasons for why stock price of Chunghwa Telecom Co., Ltd. is falling or rising

CHT Chunghwa Telecom is falling or rising technical reasons

Technical analysis forecast for Chunghwa Telecom Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Chunghwa Telecom CHT at this time. Stock is falling and might fall more.

It appears as if Chunghwa Telecom CHT gave a large move recently.

Stock of Chunghwa Telecom (CHT) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Chunghwa Telecom is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 38.5, for a target of 38.9 or 39.29

CHT Chunghwa Telecom is falling or rising NEWS fundamental reasons

More announcements and NEWS

CHT Chunghwa Telecom Co., Ltd. current price & indicator signals

Moving Averages for Chunghwa Telecom Co., Ltd.

  • 5Day Average: 39.39
  • 12Day Average: 39.38
  • 20Day Average: 39.35
  • 50Day Average: 38.82
  • 100Day Average: 38.72
  • 150Day Average: 38.51
  • 200Day Average: 37.93

CHT Indicators & signals

Indicator MACD (12,26,9)

39.33, 39.22, 0.19
Indicator MACD is in positive zone

Indicator ADX (14)

30, 16.67, 30.95
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 37
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of CHT Chunghwa Telecom Co., Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Jun 2024 38.48 38.48 to 39.03 -2.51% 3.89 times
20 Thu Jun 2024 39.47 39.24 to 39.57 -0.55% 1.53 times
18 Tue Jun 2024 39.69 39.51 to 39.77 0% 0.97 times
18 Tue Jun 2024 39.69 39.51 to 39.77 0.18% 0.97 times
17 Mon Jun 2024 39.62 39.39 to 39.68 0.05% 1 times
14 Fri Jun 2024 39.60 39.33 to 39.62 0.51% 1.33 times
13 Thu Jun 2024 39.40 39.25 to 39.48 -0.48% 0.76 times
12 Wed Jun 2024 39.59 39.38 to 39.76 0.48% 1.09 times
11 Tue Jun 2024 39.40 39.08 to 39.49 0.38% 0.78 times
10 Mon Jun 2024 39.25 38.76 to 39.26 0.85% 0.92 times
07 Fri Jun 2024 38.92 38.92 to 39.39 -1.34% 0.65 times
06 Thu Jun 2024 39.45 39.45 to 39.67 -0.83% 0.89 times

Videos related to: CHT NEWS why is Chunghwa Telecom Co., Ltd. price falling or rising

 Videos related to: CHT NEWS why is Chunghwa Telecom Co., Ltd. price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

CHT NEWS why is Chunghwa Telecom Co., Ltd. price falling or rising

 

Back to top