Overall Technical outlook

Price Summary

Fortis Healthcare Limited's stock started the year at 828.0, climbed to a high of 842.9, fell to 812.6, and closed 1.2% up at 837.95, with 1205934 shares traded on 2026-02-02.
The stock reached its highest price of 1097.9 and lowest price of 598.3 over the last 52 weeks.
Analysts' predictions indicate that FORTIS's future price will be between 925.0 and 1160.0, with a mean price expectation of approximately 1070.8823.

Technicals

Support and Resistance: The current price of 837.95 for FORTIS finds support at 844.15 and resistance at 844.15. These levels define a range in which the price might oscillate, with 844.15 as a potential support and 844.15 as a resistance level.
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Support/Resistance for FORTIS


Aroon: The Aroon indicator shows a continuation of the bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications.
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Aroon chart for Fortis Healthcare Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for FORTIS, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Fortis Healthcare Limited


Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for FORTIS.
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Parabolic Stop and Reverse chart for Fortis Healthcare Limited


Stochastic: The current state of the STOCHASTIC is neutral for FORTIS, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Stochastic chart for Fortis Healthcare Limited


Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction.
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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.