's Chart of the Day - Chunghwa Telecom
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 CHT - Chunghwa Telecom Co Ltd

By Jim Van Meerten

TheChart of the Daybelongs toChunghwa Telecom(CHT). I found the Taiwanese communications stock by using Barchart to sort today'sNew 52 Week Highlist first by the most frequent number of new highs in the last month, then again for technical by signals of 80% or more. I always use the Flipchart feature to look for consistent price appreciation over the last 6 months. Since the Trend Spotter signaled a buy on 2/16 the stock gained 6.13%

Chunghwa Telecom Co., Ltd. is the largest telecommunications service provider in Taiwan and one of the largest in Asia in terms of revenues. The Company provides fixed line services, including local, domestic long distance and international long distance, wireless services, and Internet and data services, including Internet services, asymmetrical digital subscriber line services and leased line services.


Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on theBarchart.comweb site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • 18.77+ Weighted Alpha
  • 16.73% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 5.11% in the last month
  • Relative Strength Index 69.34%
  • Technical support level at 39.12
  • Recently traded at 39.28 with a 50 day moving average of 37.49

Fundamental factors:

  • Market Cap $30.49 billion
  • P/E 23.65
  • Dividend yield 3.31%
  • The only Wall Street analysts following the stock thinks it will under perform
  • The 313 individual investors following the stock on Motley Fool voted 304 to 9 that the stock will beat the market