Large Inflow of Money Detected in Chunghwa Telecom Co. Ltd.

Chunghwa Telecom Co. Ltd. (CHT) : Investors lapped up stocks on upticks to the tune of $0.22 million in the Thursdays trading session. The trading value on downticks was comparatively at $0.05 million and the uptick to downtick ratio of 4.24 indicates continuous buying by the bulls. The net money flow into the stock was $0.17 million. Upticks saw transactions worth $0.1 clearly indicating buying by large investors. The total money flow for block trades stood at $0.1 million, which is a positive for the stock in the long-term. Chunghwa Telecom Co. Ltd. (CHT) fell $0.2 during the day at $37.44, a drop of -0.53% over the previous days close. However, for the week, the stock is 2.38%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 4.4% and the 50-Day Moving Average is 7.34%. Shares have rallied 23.72% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $37.94 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $35.09 and the 200 Day Moving Average price is recorded at $33.09.

Chunghwa Telecom Co. Ltd. (NYSE:CHT): The stock opened at $37.40 on Thursday but the bulls could not build on the opening and the stock topped out at $37.58 for the day. The stock traded down to $37.32 during the day, due to lack of any buying support eventually closed down at $37.50 with a loss of -0.37% for the day. The stock had closed at $37.64 on the previous day. The total traded volume was 125,387 shares.

Chunghwa Telecom Co., Ltd. is a telecommunications service provider in Taiwan. The Companys segments include: Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access, and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet and related services; International fixed communications business, which is engaged in the provision of international long distance telephone and related services, and Others, which includes the Companys non-telecom services, including property sales made by its subsidiary, Light Era Development Co., Ltd. and electronic products sales made by its subsidiary, Chunghwa Precision Test Tech Co., Ltd.

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