Technicals for Fortis Healthcare Limited

Price Summary

On 2026-06-03, Fortis Healthcare Limited's stock opened at 931.8, peaked at 937.15, hit a low of 916.1, and closed -0.17% lower at 930.25, with 1029896 shares changing hands.
The stock's highest price in the past 52 weeks is 1097.9, while its lowest price during the same period is 738.85.

Technicals

Support and Resistance: The current price of 930.25 is supported at 928.55, with resistance at 951.55. This suggests that the price for FORTIS might remain between these levels, where 928.55 acts as a floor and 951.55 as a ceiling in the market.


Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for FORTIS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.


Bol. Bands: The current reading of the BOLL BANDS is neutral for FORTIS, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.


Parabolic SAR: The PSAR maintains a bearish outlook for FORTIS, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.


Stochastic: The STOCHASTIC 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.


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.