CHT technical analysis

CHT Technical Analysis

Analysis date

August 7, 2026

Market

NYSE (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

CHT Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
CHT
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series42.02August 5, 2026-Verified
Verification series42.02August 5, 20260.00%Verified

Bottom line

CHT Technical Analysis Summary

CHT (Chunghwa Telecom) trades in an intact weekly uptrend while the daily chart shows a short-term pullback. On the weekly chart, price at 42.61 sits above the rising SMA20 (42.03), SMA50 (41.48), and SMA200 (36.46), with a 52-week position of 69.60%. The daily chart tells a more cautious short-term story: price at 42.02 has slipped below SMA20 (42.34) and SMA50 (42.77) but remains above SMA200 (41.37). Daily RSI at 43.02 is below the 50 midline, and the daily MACD line (-0.06) sits below its signal line (-0.01) with a negative histogram, confirming the pullback. Near-term support is at the recent swing low of 41.14, reinforced by SMA200 at 41.37. Resistance is at the SMA20/SMA50 zone of 42.34 to 42.77, then the 20-period high of 43.49 and the 52-week high of 44.72. A reclaim of SMA20 would signal the pullback is losing steam, while a break below 41.14 would point to a deeper correction.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Mixed short term. Price at 42.02 trades below SMA20 (42.34, -0.75%) and SMA50 (42.77, -1.75%) but above SMA200 (41.37, +1.58%). The SMA20 and SMA50 remain above SMA200, so the medium-term structure is still positive, but price has pulled back below the two shorter averages over the past five sessions (-2.57% 5-period return).
Momentum
Slightly bearish. RSI14 at 43.02 sits below the 50 midline, indicating mild downward momentum without reaching oversold levels. The MACD line at -0.06 is below the signal line at -0.01, and the histogram is negative at -0.05, reflecting a recent bearish crossover.
Volatility
Low. ATR14 at 0.57 (1.36% of price) reflects low volatility, consistent with a mature, high-dividend telecom ADR. Bollinger Bands run from 41.15 to 43.53, and price at 42.02 sits in the lower half of the band, just above the lower band.
Volume
Slightly below average. Latest volume of 175,200 is 92.7% of the 20-period average (189,010), indicating light participation during the pullback.

Assessment

The daily chart shows a pullback within a broader uptrend. Price is below SMA20 and SMA50, RSI is below 50, and the MACD histogram is negative, but SMA200 at 41.37 is still holding as support above the recent swing low of 41.14. A close below 41.14 would signal a deeper correction, while a reclaim of SMA20 at 42.34 would suggest the pullback is ending.

Weekly (July 27, 2026 week)

Trend
Bullish. Price at 42.61 trades above SMA20 (42.03, +1.39%), SMA50 (41.48, +2.71%), and SMA200 (36.46, +16.86%), with the averages in a bullish alignment. The long-term uptrend is intact, and the 52-week position of 69.60% places price in the upper part of the annual range.
Momentum
Mildly positive. RSI14 at 54.31 is slightly above the 50 midline. The MACD line at 0.44 is just below the signal line at 0.45 with a histogram of -0.02, a minor pullback after a sustained stretch of positive MACD readings, while both lines remain well above zero.
Volatility
Moderate. ATR14 at 1.47 (3.46% of price) reflects normal weekly swings for the stock. Bollinger Bands run from 39.94 to 44.11, with price in the upper half of the range.
Volume
Near average. Weekly volume of 746,400 is 91.1% of the 20-week average (819,035), indicating normal participation.

Assessment

The weekly chart keeps the broader picture constructive. Price is above all three key moving averages, the SMA alignment is bullish, and the 252-week return of +30.26% highlights a strong multi-year advance. The -1.44% 5-week return and the slightly negative MACD histogram show short-term softness, but support from the rising SMA20 at 42.03 is close by.

Key indicators

CHT Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)43.0254.31
MACD (12, 26, 9)-0.06 / -0.01 / -0.050.44 / 0.45 / -0.02
ATR (14)0.57 (1.36%)1.47 (3.46%)
Bollinger Bands (20, 2)41.15 - 43.5339.94 - 44.11
SMA (20)42.3442.03
SMA (50)42.7741.48
SMA (200)41.3736.46

Price structure

CHT Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price42.0242.61
1-Period Return+0.31%-0.33%
5-Period Return-2.57%-1.44%
20-Period Return+0.32%+3.75%
60-Period Return-0.30%+4.95%
252-Period Return-0.00%+30.26%
52-Week Low37.7937.79
52-Week High44.7244.72
52-Week Position61.09%69.60%

Key levels

CHT Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High43.4944.72
20-Period Low41.1437.79
60-Period High44.7245.17
60-Period Low41.1437.79

Scenarios

CHT Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price reclaims SMA20 at 42.34 and then SMA50 at 42.77 with above-average volume, targeting the 20-period high at 43.49 and the 52-week high at 44.72.

Invalidation

Price fails at the SMA20/SMA50 zone and falls back through the 41.14 support level.

What to watch

Daily RSI recovering above 50; the MACD histogram turning positive; volume increasing on up days; weekly RSI holding above 50; telecom sector and Taiwan market sentiment.

Range-Bound

Trigger

Price continues to consolidate between the support at 41.14 and the resistance zone near 42.77 to 43.49 while the pullback resolves without a breakout.

Invalidation

A decisive break above 43.49 or below 41.14 on above-average volume.

What to watch

RSI staying between 40 and 55; the MACD histogram fluctuating near zero; Bollinger Bands staying narrow; volume remaining near average.

Bearish

Trigger

Price breaks below the recent swing low at 41.14 and SMA200 at 41.37, extending the correction toward the 52-week low at 37.79.

Invalidation

Price holds above 41.14 and reclaims SMA20 at 42.34, restoring the short-term uptrend.

What to watch

Daily RSI falling below 40; the MACD histogram deepening negative; volume rising on down days; weekly RSI dropping below 50; Taiwan regulatory or dividend policy news.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 7, 2026.