(FORTIS) Fortis Healthcare complete technical analysis [charts+indicators] | Buy/Sell Fortis Healthcare | (FORTIS) share price targets
Complete technical analysis of Fortis Healthcare (FORTIS) by charts plus indicators, forecast predictions and share price targets for Fortis Healthcare (FORTIS)
Fortis Healthcare trades in NSE in Healthcare Facilities sector.
10 day averaged volume of Fortis Healthcare is 8048828
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Fri Sep 2022||264.20||262.90||265.00||260.30||0.083 times|
|29 Thu Sep 2022||261.70||261.90||266.00||259.00||0.188 times|
|28 Wed Sep 2022||258.40||259.55||261.30||255.05||0.173 times|
|27 Tue Sep 2022||258.90||258.95||263.55||256.95||0.183 times|
|26 Mon Sep 2022||258.05||259.95||265.00||256.35||0.68 times|
|23 Fri Sep 2022||262.25||264.00||267.80||251.30||1.753 times|
|22 Thu Sep 2022||265.55||318.00||323.70||250.35||5.42 times|
|21 Wed Sep 2022||311.35||315.60||316.85||307.25||0.276 times|
|20 Tue Sep 2022||314.95||320.95||324.85||312.60||0.349 times|
|19 Mon Sep 2022||321.05||299.00||325.00||292.00||0.812 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 265.5, but if it comes above 265.5, then a intra day buy could be more profitable.
If you take a sell trade below 265.5, then use 265.5 as stoploss and 241.3 as target. However if you take a buy trade in stock , then use 265.5 as stoploss and 285.69 as target.
Share price targets for Fortis Healthcare (FORTIS)
Intraday share price targets for Fortis Healthcare (FORTIS)
|Downside Intraday Target||257.5|
|Downside Intraday Target||250.8|
|Upside Intraday Target||268.45|
|Upside Intraday Target||272.7|
|Downside Intraday Target||261.75|
Weekly technical analysis of Fortis Healthcare (FORTIS)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Fri Sep 2022||264.20||259.95||266.00||255.05||0.152 times|
|23 Fri Sep 2022||262.25||299.00||325.00||250.35||6.869 times|
|16 Fri Sep 2022||297.20||288.00||315.75||287.10||3.894 times|
|09 Fri Sep 2022||288.15||292.90||294.70||285.55||0.858 times|
|02 Fri Sep 2022||291.65||288.00||298.85||284.40||0.486 times|
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fortis Healthcare (FORTIS)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|30 Fri Sep 2022||264.20||292.55||325.00||250.35||3.183 times|
|30 Tue Aug 2022||294.30||278.45||304.85||261.35||1.807 times|
|29 Fri Jul 2022||278.45||236.65||281.60||232.30||1.089 times|
|30 Thu Jun 2022||240.00||240.30||246.05||219.75||0.678 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Fortis Healthcare (FORTIS)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||16, 29, 29||Sell|
Price action analysis of Fortis Healthcare ( (FORTIS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Healthcare ( (FORTIS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortis Healthcare ( (FORTIS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis Healthcare ( (FORTIS) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Fortis Healthcare stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortis Healthcare in short term and the sell signal is strong.
Fortis Healthcare Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fortis Healthcare in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fortis Healthcare is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 271.68 and Fortis Healthcare (FORTIS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Fortis Healthcare (FORTIS) stock. Volume based technical analysis of Fortis Healthcare (FORTIS) stock is negative.
Fortis Healthcare Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.