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(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.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Fortis Healthcare is 824170

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	399.60	399.00	405.20	390.00	2.819 times
29 Thu Feb 2024	408.00	417.25	424.00	398.00	1.53 times
28 Wed Feb 2024	421.50	429.70	431.45	417.80	0.66 times
27 Tue Feb 2024	429.05	430.50	437.55	424.95	1.712 times
26 Mon Feb 2024	429.95	440.75	445.00	425.45	0.741 times
23 Fri Feb 2024	438.60	448.15	448.95	437.55	0.697 times
22 Thu Feb 2024	446.80	446.00	452.00	437.25	0.939 times
21 Wed Feb 2024	445.75	445.85	452.90	443.25	1.13 times
20 Tue Feb 2024	443.25	434.45	448.00	433.20	2.009 times
19 Mon Feb 2024	433.20	437.00	437.90	430.25	0.266 times

Stock of Fortis Healthcare (FORTIS) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 404.9, for a target of 420.6 or 433.77

Share price targets for Fortis Healthcare (FORTIS)

Target Type	Value
Downside Target	323.00
Downside Target	375.20
Downside Target	388.20
Downside Target	398.00
Upside Target	430.25
Upside Target	436.00
Upside Target	439.25
Upside Target	445.00
Upside Target	448.80
Upside Target	452.90
Upside Target	469.70

Intraday share price targets for Fortis Healthcare (FORTIS)

Target Type	Value
Downside Intraday Target	378.07
Downside Intraday Target	356.53
Upside Intraday Target	433.07
Upside Intraday Target	466.53
Upside Intraday Target	411.53

Weekly technical analysis of Fortis Healthcare (FORTIS)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	399.60	440.75	445.00	390.00	1.48 times
23 Fri Feb 2024	438.60	437.00	452.90	430.25	0.786 times
16 Fri Feb 2024	434.15	438.00	439.25	414.00	0.515 times
09 Fri Feb 2024	434.95	429.75	469.70	428.20	2.396 times
02 Fri Feb 2024	429.75	430.00	436.00	418.80	1.016 times

Price has moved down 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
01 Fri Mar 2024	399.60	399.00	405.20	390.00	0.091 times
29 Thu Feb 2024	408.00	435.00	469.70	398.00	0.954 times
31 Wed Jan 2024	431.90	424.70	448.80	408.95	0.751 times
29 Fri Dec 2023	419.20	384.95	423.00	375.20	0.965 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Fortis Healthcare (FORTIS)

Price action analysis of Fortis Healthcare ( (FORTIS) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis Healthcare in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Fortis Healthcare is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 425.23 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.