(FortisMlr) Fortis Mlr complete technical analysis [charts+indicators] | Buy/Sell Fortis Mlr | (FortisMlr) share price targets
Complete technical analysis of Fortis Mlr (FortisMlr) by charts plus indicators, forecast predictions and share price targets for Fortis Mlr (FortisMlr)
Showing technical analysis as on 2024-01-09 View latest technical analysis
10 day averaged volume of Fortis Mlr is 28903
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 60.19 | 60.71 | 60.71 | 59.90 | 0.949 times |
| 08 Mon Jan 2024 | 60.63 | 61.33 | 61.33 | 60.00 | 0.825 times |
| 05 Fri Jan 2024 | 60.13 | 60.95 | 61.48 | 59.90 | 1.239 times |
| 04 Thu Jan 2024 | 60.41 | 61.00 | 61.00 | 60.01 | 1.011 times |
| 03 Wed Jan 2024 | 60.02 | 60.50 | 60.50 | 59.56 | 2.39 times |
| 02 Tue Jan 2024 | 60.00 | 60.50 | 60.50 | 59.52 | 0.495 times |
| 01 Mon Jan 2024 | 59.82 | 58.00 | 60.90 | 58.00 | 1.081 times |
| 29 Fri Dec 2023 | 58.85 | 59.70 | 59.80 | 58.66 | 0.578 times |
| 28 Thu Dec 2023 | 59.70 | 58.51 | 60.50 | 58.51 | 0.375 times |
| 27 Wed Dec 2023 | 58.99 | 60.95 | 60.95 | 57.55 | 1.266 times |
My analysis of stock is bearish for shortterm, and stock might move down till 59.3 or till 58. Use a stoploss of 60.37 and if the stock hits stoploss, then it can shoot up till 61.43
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 54.35 |
| Downside Target | 57.10 |
| Downside Target | 59.90 |
| Upside Target | 61.48 |
| Upside Target | 62.00 |
| Upside Target | 63.45 |
| Upside Target | 64.36 |
| Upside Target | 64.80 |
| Upside Target | 65.99 |
| Upside Target | 86.40 |
| Upside Target | 91.33 |
Intraday share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Intraday Target | 59.62 |
| Downside Intraday Target | 59.04 |
| Upside Intraday Target | 61.05 |
| Upside Intraday Target | 61.9 |
| Upside Intraday Target | 60.47 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 60.19 | 61.33 | 61.33 | 59.90 | 0.285 times |
| 05 Fri Jan 2024 | 60.13 | 58.00 | 61.48 | 58.00 | 2.101 times |
| 29 Fri Dec 2023 | 58.85 | 61.20 | 61.25 | 57.55 | 0.684 times |
| 22 Fri Dec 2023 | 60.70 | 61.91 | 63.45 | 57.10 | 1.15 times |
| 15 Fri Dec 2023 | 61.91 | 62.50 | 64.80 | 60.25 | 0.643 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 Mlr (FortisMlr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 60.19 | 58.00 | 61.48 | 58.00 | 0.436 times |
| 29 Fri Dec 2023 | 58.85 | 61.60 | 65.99 | 57.10 | 0.602 times |
| 30 Thu Nov 2023 | 64.44 | 80.00 | 86.40 | 64.36 | 0.873 times |
| 31 Tue Oct 2023 | 79.16 | 55.22 | 91.33 | 54.35 | 9.396 times |
Scroll below to view daily charts
Price has moved up 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 Mlr (FortisMlr)
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short 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.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid 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 Mlr ( (FortisMlr) ) 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 Mlr stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortis Mlr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Mlr in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fortis Mlr is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 59.91 and Fortis Mlr (FortisMlr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortis Mlr (FortisMlr) stock. Volume based technical analysis of Fortis Mlr (FortisMlr) stock is negative.
Fortis Mlr Stock is giving positive 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.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short 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.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid 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 Mlr ( (FortisMlr) ) 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 Mlr stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortis Mlr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Mlr in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fortis Mlr is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 59.91 and Fortis Mlr (FortisMlr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortis Mlr (FortisMlr) stock. Volume based technical analysis of Fortis Mlr (FortisMlr) stock is negative.
Fortis Mlr Stock is giving positive 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.
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