Overall Technical outlook

Price Summary

Fortis Healthcare Limited's stock started the year at 765.0, climbed to a high of 774.3, fell to 757.65, and closed -0.65% down at 760.0, with 1968900 shares traded on 2025-06-12.
Over the course of 52 weeks, the stock peaked at 778.9 and hit a low of 455.3.
Analysts expect the price of FORTIS to vary between 550.0 and 820.0, with an average expected price near 770.6667.

Technicals

Support and Resistance: The price of 760.0 is supported at 711.95 and faces resistance at 778.9. This range suggests key levels for FORTIS where the price may stabilize, with 711.95 acting as a support and 778.9 as a cap on gains.
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Support/Resistance for FORTIS


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Aroon chart for Fortis Healthcare Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Fortis Healthcare Limited


Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
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Parabolic Stop and Reverse chart for Fortis Healthcare Limited


Stochastic: The K-line has fallen below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move might be beginning. This pattern indicates that the market may be losing upward momentum, possibly leading to a reversal. Investors should remain cautious and look for additional bearish confirmation.
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Stochastic chart for Fortis Healthcare Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
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Tripple SMA chart for Fortis Healthcare Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.