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Technicals for Fortis Healthcare Limited
By MusingTheNews
2025-07-16 20:33
Overall Technical outlook
Price Summary
Fortis Healthcare Limited's stock began trading at 802.8 on 2025-07-16, soared to 808.9, dipped to 794.0, and finished the day -0.95% down at 795.15, with 1040869 shares exchanged. The peak price for the stock in the past 52 weeks is 807.05, with the lowest price being 481.4. The price projection is between 750.0 and 900.0, with an average expected price around 792.1429, according to 14 analysts.
Technicals
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. 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 current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Fortis Healthcare Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for FORTIS. Tripple SMA chart for Fortis Healthcare Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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