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Fortis Malar Hospitals Limited

FORTISMLR.BO•BSE
Healthcare
Medical - Care Facilities
₹53.54
₹0.00(0.00%)
Indian Market opens in 9h 53m

Fortis Malar Hospitals Limited (FORTISMLR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Fortis Malar Hospitals Limited (BSE:FORTISMLR.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FORTISMLR.BO Technical Analysis Summary

Fortis Malar Hospitals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.85)
Trend Strength:Moderate (ADX: 25.64)
Volatility:Medium (ATR: 2.11)
Support/Resistance:$53.38 – $57.35 (Bollinger Bands)

Overall, Fortis Malar Hospitals Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.85

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.24

Bearish
Momentum remains weak below midpoint.

Williams %R: -69.66

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.02

Bearish
Selling pressure outweighs buying.

Takeaway:Fortis Malar Hospitals Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.78

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.64

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.11

Medium
Medium volatility, healthy price movement.

CCI (14): -109.61

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Fortis Malar Hospitals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$57.35
Middle Band (SMA 20)
$55.36
Lower Band
$53.38
Current Position
Within Bands

Takeaway:Fortis Malar Hospitals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$59.55
Middle Line (EMA 20)
$55.32
Lower Channel
$51.09
Squeeze Status
Squeeze On

Takeaway:Fortis Malar Hospitals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-67.52K
Money Flow Index50.20Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.41Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:FORTISMLR.BO shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Fortis Malar Hospitals Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Fortis Malar Hospitals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ