Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
China Telecom Corp Ltd ADS (NYSE:CHA)
Long-Term Downtrend (-90) - CHA is in a strong downtrend that is likely to continue. While CHA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHA?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHA
The long-term trend has been DOWN since May 8th, 2019 at 50.61
The intermediate-term trend has been DOWN since May 14th, 2020 at 31.70
The short-term trend has been DOWN since May 29th, 2020 at 31.08
Smart Scan Analysis for CHA
Based on our trend formula, CHA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||54.095||Year High Date||2018-11-29|
|Year Low||41.28||Year Low Date||2018-03-23|
|52wk High||57.09||52wk High Date||2019-04-02|
|52wk Low||26.6603||52wk Low Date||2020-03-19|
|Year End Close||56.85||Average Volume||156,077|
|Shares Outstanding||75,186||Short Interest||132,506|
|% Institutional||0.6||Market Cap||38,612M|