Stock Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
CHUNGHWA TELECOM (NYSE:CHT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CHT
The long term trend has been DOWN since Jun 18th, 2018 at 35.90
The intermediate term trend has been DOWN since Nov 5th, 2018 at 34.30
The short term trend has been UP since Nov 15th, 2018 at 34.57
Smart Scan Analysis for CHT
Based on a pre-defined weighted trend formula for chart analysis, CHT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||39.33||Year High Date||2018-04-10|
|Year Low||34.02||Year Low Date||2018-11-12|
|52wk High||39.33||52wk High Date||2018-04-10|
|52wk Low||33.88||52wk Low Date||2017-11-20|
|Year End Close||32.34||Average Volume||103,142|
|Shares Outstanding||775,745||Short Interest||4,642,738|