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Technicals for Fortis Healthcare Limited
By MusingTheNews
2025-08-13 20:34
Overall Technical outlook
Price Summary
Fortis Healthcare Limited's stock opened at 933.0 on 2025-08-13, surged to 948.7, dropped to 928.6, and ended 1.37% higher at 945.8, with 3009896 shares traded. The peak price for the stock in the past 52 weeks is 945.8, with the lowest price being 522.15. Based on recommendations from 15 analysts, the future price of FORTIS is expected to range from 760.0 to 1000.0, with an average price expectation around 829.26666.
Technicals
Aroon: Aroon's bullish trend persists, with Aroon Up at the 100 level, signaling strong upward momentum. Further exploration with additional indicators is needed to confirm the trend's durability and potential for continued growth. Aroon chart for Fortis Healthcare Limited
Bol. Bands: The current price has recently crossed above the upper Bollinger Band, signaling a bullish move. This breakout suggests that buying interest is strong, pushing prices beyond their typical range. Traders may interpret this as a positive signal, indicating that the market might continue to rise as momentum builds. Bolinger Bands chart for Fortis Healthcare Limited
Parabolic SAR: The PSAR for FORTIS continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Fortis Healthcare Limited
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for FORTIS, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength. Stochastic chart for Fortis Healthcare Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for FORTIS. Tripple SMA chart for Fortis Healthcare Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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