Fisher & Paykel Healthcare Corporation (FPH.NZX)

21 August 2018

Technical Summary: The 5 year chart on the right highlights the performance of FPH. The trend has been relentless as the chart has moved from the bottom left of the screen to the top right without any major volatility. The one year chart has continued this trend and has generally moved from the bottom left to the top right. The stock over the last year has been a bit more volatile than the years prior. The stock currently appears to be consolidating in a new base at around all time highs. This could indicate that it is setting up for a breakout to new highs.

Long term uptrend from FPH

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