An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for Fortis Healthcare Limited
By MusingTheNews
2025-09-04 20:28
Overall Technical outlook
Price Summary
A 2.4% jump in Fortis Healthcare Limited's stock marked an fantastic day on the market. On 2025-09-03, FORTIS's stock began at 934.2, peaked at 959.0, dipped to 931.8, and closed up 2.4% at 956.6, with a volume of 1736912 shares. The stock's peak price over the last 52 weeks is 963.95, with the lowest being 546.25. 15 analysts suggest that FORTIS's future price will lie between 816.0 and 1050.0, with an average expected price of roughly 981.2.
Technicals
Support and Resistance: The price for FORTIS is 956.6, with support at 947.55 and resistance at 947.55. This suggests a range where 947.55 acts as a base, preventing declines, and 947.55 caps gains, defining key trading levels. Support/Resistance for FORTIS
Aroon: The current state of the AROON 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. Aroon chart for Fortis Healthcare Limited
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. Bolinger Bands chart for Fortis Healthcare Limited
Parabolic SAR: The PSAR has just reversed for FORTIS from bearish to bullish, which could signal a trend change. When interpreted alongside other indicators, this reversal may indicate a strong bullish trend if supported by broader market movements. Investors should look for additional confirmation from other indicators before making decisions. Parabolic Stop and Reverse chart for Fortis Healthcare Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Fortis Healthcare Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Fortis Healthcare Limited. Tripple SMA chart for Fortis Healthcare Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses the implications of the Eurozone CPI at 2.1% regarding...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.