Overall Technical outlook

Price Summary

A -2.51% plunge in Fortis Healthcare Limited's stock marked an poor day on the market.
Fortis Healthcare Limited's stock began trading at 671.5 on 2025-04-25, soared to 671.5, dipped to 638.0, and finished the day -2.51% lower at 654.65, with 2366535 shares exchanged.
The highest price the stock achieved in the past 52 weeks is 735.15, while the lowest price it saw is 438.55.
FORTIS's future price is expected to lie between 550.0 and 850.0, with an average expectation of 736.6667, as per the recommendations of 15 analysts.

Technicals

Support and Resistance: At 654.65, the price is supported at 650.15 and faces resistance at 697.85. This range suggests that the price for FORTIS might stay between these levels, with 650.15 acting as a floor and 697.85 as a ceiling.
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Support/Resistance for FORTIS


Aroon: The AROON 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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Aroon chart for Fortis Healthcare Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Fortis Healthcare Limited


Parabolic SAR: The PSAR for FORTIS continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher.
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Parabolic Stop and Reverse chart for Fortis Healthcare Limited


Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Stochastic chart for Fortis Healthcare Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Fortis Healthcare Limited. This suggests a period of market balance, where neither side is showing dominance.
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Tripple SMA chart for Fortis Healthcare Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.