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CHT forms 50 Day Moving Average Resistance on July 2
CHT closed down 0.05% on Thursday, July 2nd, with volume running 1.0× above average. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 43.69, 43.38 & 43.04, with resistance at 44.34, 44.68 & 44.99. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of CHT: D
What else did CHT do today? Find out on SwingTradeBot.
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