Technical Analysis

Read the latest news and updates on Technical analysis

19 April 2021 -

Contact Energy Limited (CEN:NZ / CEN:ASX): Relative Value BUY

The stock is trading currently at $7.67 at the time of analysis. However, our team made the recommendation to BUY Contact on 12th April 2021 in our daily and since then the uptrend seems quite strong. We see there is a strong support at $7.30 with key res

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.