CHT Price Prediction Next Week
Technical Analysis: CHT's stock shows a neutral-to-bullish pattern in recent trading sessions. The RSI-14 at 53.72 indicates balanced momentum, while MACD (0.14) suggests a slight bullish trend. The stock is trading above its major moving averages (SMA 20: 38.57, SMA 200: 38.24), indicating overall positive momentum.
Price Projections for Next Week: Based on Fibonacci levels and current technical setup:
- Support levels: $37.85 (S1), $37.54 (S2)
- Resistance levels: $38.85 (R1), $39.16 (R2)
News Impact: Recent Q4 results show strong performance:
- Revenue increased 5.6% to NT$ 65.35 billion
- EBITDA grew 5.9% to NT$ 21.59 billion
- Net income rose 9% to NT$9.00 billion
The company's 2025 guidance projects:
- Revenue growth of 1.2% to 1.6%
- Net income target: NT$35.84-37.39 billion
Price Forecast & Recommendation: Expected trading range for next week: $38.45-$39.15
- Entry point: $38.50
- Target price: $39.00
- Stop loss: $37.85
Recommendation: BUY The positive Q4 results, stable technical indicators, and favorable 2025 guidance support a bullish outlook. Optimal entry point around current levels with a potential 1.3% upside in the short term.
CHT Similar Chart Price Prediction
The price of CHT is predicted to go up 9.19%, based on the high correlation periods with PDFS. The similarity of these two price pattern on the periods is 97.44%.
CHT
PDFS
Up: 9.19%Similarity: 97.44%
