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Technicals for Fortis Healthcare Limited
By MusingTheNews
2025-12-11 20:34
Overall Technical outlook
Price Summary
On 2025-12-11, Fortis Healthcare Limited's stock began at 853.0, peaked at 862.5, declined to 848.95, and ended the day 0.33% up at 855.85, with 1367246 shares traded. In the past year, the highest stock price was 1097.9, and the lowest was 581.2. The price outlook for FORTIS is between 816.0 and 1150.0, with an average expectation of 1054.25, as estimated by 16 analysts.
Technicals
Support and Resistance: At 855.85, the price for FORTIS is supported at 784.0 and resisted at 857.45. This indicates a trading range where 784.0 serves as a support level, potentially preventing further decline, while 857.45 could limit upward movement. Support/Resistance for FORTIS
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. 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 continues its bearish trend, setting a resistance level that could prevent significant upward movement for FORTIS. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Fortis Healthcare Limited
Stochastic: With the K-line positioned above the D-line and under 20 on the stochastic indicator, the market may be entering a bullish phase. This pattern indicates that the market could be preparing for an upward trend, emerging from a lower level. Investors might interpret this as a signal of potential growth for Fortis Healthcare Limited. Stochastic chart for Fortis Healthcare Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Fortis Healthcare Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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