Technical Analysis

Read the latest news and updates on Technical analysis

19 April 2021 -

INFRATIL (IFT:NZ / IFT:AX) BUY: Cash to Play With

The chart shows the stock is trading at $6.91 which is a relatively higher valuation for the stock, however we believe there is still a lot of medium-term upside potential. The support level for the current price is at $6.75. The key resistance point is a

30 March 2021 -

A2 MILK (:NZ / A2M:AX) BUY

share price has been falling since August last year and we see a strong valuation support at the current level of $10.00. The stock touched $8.92, its lowest point in 2 years.

30 March 2021 -

Kiwi Property Group (KPG:NZ) BUY: Revaluation Gains

The chart shows that there is a key resistance @ $1.33 and the stock has tried twice to break this level. But the attempt has been weak and it has reversed back twice to touch $1.12 mark. There is a parallel sideways channel created in the past 6 months w

30 March 2021 -

NEXT DC (NXT:AX)

The chart shows that the stock has an entry support at $10.52 and strong support at $10.00. The recent selloff looks overdone and seems to have been contained at $10.00 from where the stock has recovered back to current level of $10.52. We see this is a g

2 March 2021 -

ANZ Bank: ANZ (NZX/AX)

ANZ is trading at around its pre Covid levels now. ANZ stock began its uptrend in September 2020 when it was around $16.47.

2 March 2021 -

COSTA GROUP (CGC:AX) BUY: Best Position in Years

CGC shares have been on the rise since June 2020. The chart shows that the support zone is between $4.20 to $3.80. We have a long-term conviction on the stock and believe it will return to its glory in the long term to $7.20.

2 March 2021 -

TELSTRA (TLS:ASX / TLS:NZX) BUY: Yield Stable

TLS was trading at $2.65 in October. From the peak of $3.94 in February to the lows of $2.65 in October created a huge opportunity equally for the dividend income seekers and capital growth chasers.

6 February 2021 -

Fisher & Paykel Healthcare : FPH – NZX/ASX – Stunning Growth

’s initial recommendation on FPH was at $9.79 in 2016 which delivered a massive capital growth of 242.19% so far for our investors. The stock has been moving sideways and consolidating since September last year within the range of $37.00 to $31.00.

1 February 2021 -

QBE – Troubled times or a Value BUY?

QBE is trading @ $8.03 and there is a strong support zone between $8.00 to $7.70. and we see that the stock prices can hold in this zone. After a consolidation and with support of future good news the trend can change and the stock prices could recover to