CHT technical analysis
CHT Technical Analysis
Analysis date
July 18, 2026
Market
NYSE (USD)
Daily cutoff
July 17, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
CHT Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- CHT
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 17, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 38.79 | July 17, 2026 | - | Verified |
| Finviz (independent) | 38.79 | July 17, 2026 (previous close) | 0.00% | Verified |
Bottom line
CHT Technical Analysis Summary
CHT (Chunghwa Telecom) presents a neutral technical picture across both daily and weekly timeframes. On the daily chart, price at 38.79 trades above SMA20 (38.32) and SMA50 (38.08) but remains below SMA200 (39.15), creating a mixed trend structure where short-term momentum has improved but the long-term trend has not yet turned positive. RSI14 at 56.71 is in neutral territory with a slight bullish bias, while the daily MACD shows the MACD line at 0.08 above the signal line at -0.12 with a positive histogram of 0.20 — a mildly constructive signal. The weekly chart shows price at 38.66 trading above SMA20 (37.86) and SMA50 (37.62) but below SMA200 (39.82), mirroring the daily mixed structure. Weekly RSI at 53.84 reflects neutral conditions. CHT has been range-bound between 36.50 and 40.00 for much of 2026, with limited directional conviction. Key resistance lies at SMA200 (39.15) and the 52-week high of 40.33. Support rests at the 20-period low of 37.73 and the 60-period low of 36.73. A sustained move above 39.15 would be needed to shift the long-term trend from neutral to bullish.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 17, 2026)
- Trend
- Mixed. Price at 38.79 is above SMA20 (38.32, +1.23%) and SMA50 (38.08, +1.86%) but below SMA200 (39.15, -0.92%). SMA20 is sloping slightly upward while SMA200 remains essentially flat, reflecting a neutral long-term trend. The short-term moving averages having crossed above the longer-term ones would be a more convincing bullish signal, but that has not yet occurred.
- Momentum
- Mildly bullish. RSI14 at 56.71 is above the 50 midline, indicating mildly bullish momentum without approaching overbought levels. MACD line at 0.08 has crossed above the signal line at -0.12, and the histogram at 0.20 is positive. This MACD crossover is a constructive early signal that momentum is shifting in favor of the bulls, though the absolute values are small.
- Volatility
- Low. ATR14 at 0.41 (1.06% of price) reflects very low volatility, consistent with CHT's profile as a stable, high-dividend telecom ADR. Bollinger Bands (37.56 to 39.62) are narrow, indicating a low-volatility environment typical of the stock.
- Volume
- Below average. Latest volume of 412,300 is 67.3% of the 20-period average (612,800), indicating reduced participation. CHT as a foreign ADR typically sees lower volume during summer months.
Assessment
The daily chart shows a stock in a low-volatility consolidation near the upper end of its recent range. The MACD crossover and RSI above 50 are mildly positive signals, but the SMA200 overhead at 39.15 remains a meaningful resistance. Volume is below average during the recent advance, which reduces conviction. A close above SMA200 (39.15) would be a meaningful technical improvement, while a loss of the 20-period low at 37.73 would suggest the consolidation is resolving lower.
Weekly (July 13, 2026 week)
- Trend
- Neutral. Price at 38.66 is above SMA20 (37.86, +2.11%) and SMA50 (37.62, +2.76%) but below SMA200 (39.82, -2.91%). The SMA20 and SMA50 are flat to slightly sloping upward, while SMA200 is also flat. The stock has been oscillating in a range without establishing a clear directional bias.
- Momentum
- Neutral with improving bias. RSI14 at 53.84 is slightly above the 50 midline, indicating neutral conditions. MACD line at 0.13 is above the signal line at -0.04 with a positive histogram of 0.17, suggesting that bearish momentum has faded and mild positive momentum is emerging on the weekly scale as well.
- Volatility
- Low. ATR14 at 0.66 (1.71% of price) reflects very low weekly volatility, characteristic of a stable dividend stock. Bollinger Bands (36.92 to 40.54) show modest width, with price in the upper half of the range.
- Volume
- Near average. Weekly volume of 2,186,500 is 93.8% of the 20-week average (2,330,100), indicating normal participation for the ADR.
Assessment
The weekly chart confirms the neutral-to-slightly-improving picture. CHT has been range-bound between approximately 36.50 and 40.00 throughout 2026, with no clear trend emerging. The MACD has crossed to positive territory, which is a modestly constructive development, but the flat moving averages and low volatility suggest the stock lacks strong directional catalysts. The 52-week high at 40.33 provides upside reference, while the 52-week low at 35.65 defines the lower boundary of the stock's annual range at the 52-week position of 56.7%.
Key indicators
CHT Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 56.71 | 53.84 |
| MACD (12, 26, 9) | 0.08 / -0.12 / 0.20 | 0.13 / -0.04 / 0.17 |
| ATR (14) | 0.41 (1.06%) | 0.66 (1.71%) |
| Bollinger Bands (20, 2) | 37.56 - 39.62 | 36.92 - 40.54 |
| SMA (20) | 38.32 | 37.86 |
| SMA (50) | 38.08 | 37.62 |
| SMA (200) | 39.15 | 39.82 |
Price structure
CHT Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 38.79 | 38.66 |
| 1-Period Return | +0.44% | +0.60% |
| 5-Period Return | +1.20% | +1.87% |
| 20-Period Return | +2.35% | +3.12% |
| 60-Period Return | +3.89% | +4.56% |
| 252-Period Return | +6.18% | +5.92% |
| 52-Week Low | 35.65 | 35.65 |
| 52-Week High | 40.33 | 40.33 |
| 52-Week Position | 58.10% | 56.70% |
Key levels
CHT Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 39.28 | 40.33 |
| 20-Period Low | 37.73 | 36.92 |
| 60-Period High | 39.77 | 40.33 |
| 60-Period Low | 36.73 | 35.65 |
Scenarios
CHT Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above SMA200 resistance at 39.15 with above-average volume, targeting the 52-week high at 40.33.
Invalidation
Price fails at resistance and falls back below SMA20 (38.32) and the 20-period low at 37.73.
What to watch
Daily RSI holding above 55; MACD histogram continuing to expand; volume increasing on break attempts; weekly RSI sustaining above 50; Taiwan dollar stability and telecom sector sentiment.
Range-Bound
Trigger
Price continues to oscillate between the 20-period low of 37.73 and the SMA200 resistance zone near 39.15 with no clear breakout.
Invalidation
A decisive break above 39.15 or below 37.73 with above-average volume.
What to watch
RSI staying between 45 and 60; MACD histogram fluctuating near zero; Bollinger Bands remaining narrow; volume remaining below average.
Bearish
Trigger
Price breaks below the 20-period low at 37.73 and extends toward the 60-period low at 36.73 or the 52-week low at 35.65.
Invalidation
Price holds above 37.73 and reclaims SMA20 (38.32), re-establishing short-term support.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD crossing back below the signal line; Taiwan regulatory changes or dividend cut concerns.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
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.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.
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