CHT Price Prediction Next Week
Analysis and Insights
Technical Analysis:
CHT is currently trading at $39.14, with a neutral RSI of 54.91, indicating neither overbought nor oversold conditions. The MACD is slightly bullish at 0.12, suggesting mild upward momentum. The stock is hovering around its Fibonacci pivot point of $38.98, with resistance at $39.37 and support at $38.59.
Price Target and Recommendation:
Based on the Fibonacci levels and current price action, CHT is expected to test the resistance at $39.37. The MACD and RSI suggest a potential bullish movement.
Buy CHT with a target price of $39.37 and a stop-loss at $38.35.
CHT Similar Chart Price Prediction
The price of CHT is predicted to go up -2.05%, based on the high correlation periods with BLD. The similarity of these two price pattern on the periods is 90.53%.
CHT
BLD
Down: -2.05%Similarity: 90.53%
