Trading Review: Tracking Price Performance for Fisher & Paykel Healthcare Corp Ltd (FPH.AX)

Tracking shares of Fisher & Paykel Healthcare Corp Ltd (FPH.AX), we have seen that the stock price has fallen -2.11% over the last month. Focusing on the past week, shares have moved -5.55%. Zooming out to the last 6 months, shares have seen a change of 14.81%. Heading back a full year, shares have moved 44.96%.

Technical traders often make a point of keeping an eye on the ATR or Average True Range of a particular equity. Currently, Fisher & Paykel Healthcare Corp Ltd (FPH.AX) has a 14-day ATR of 0.21. The Average True Range is an investor tool used to measure stock volatility. The ATR is not used to figure out price direction, just to measure volatility. The ATR is an indicator developed by J. Welles Wilder. Wilder has developed multiple indicators that are still quite popular in today’s investing landscape. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.

Tracking other technical indicators, the 14-day RSI is presently standing at 36.31, the 7-day sits at 16.33, and the 3-day is resting at 2.55 for Fisher & Paykel Healthcare Corp Ltd (FPH.AX). The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.

Fisher & Paykel Healthcare Corp Ltd (FPH.AX) presently has a 14-day Commodity Channel Index (CCI) of -230.73. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well.

Keeping an eye on Moving Averages, the 50-day is 12.22, the 200-day is at 10.92, and the 7-day is 12.57 for Fisher & Paykel Healthcare Corp Ltd (FPH.AX). Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Fisher & Paykel Healthcare Corp Ltd (FPH.AX)’s Williams Percent Range or 14 day Williams %R is resting at -95.28. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

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