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(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 2024-01-12 View latest technical analysis

10 day averaged volume of Fortis Mlr is 29799

Date Daily Closing Price Open High Low Volume
12 Fri Jan 2024 59.72 59.94 60.00 58.70 0.414 times
11 Thu Jan 2024 59.21 60.00 60.30 58.50 1.086 times
10 Wed Jan 2024 59.52 60.70 60.90 59.00 0.603 times
09 Tue Jan 2024 60.19 60.71 60.71 59.90 0.92 times
08 Mon Jan 2024 60.63 61.33 61.33 60.00 0.801 times
05 Fri Jan 2024 60.13 60.95 61.48 59.90 1.201 times
04 Thu Jan 2024 60.41 61.00 61.00 60.01 0.981 times
03 Wed Jan 2024 60.02 60.50 60.50 59.56 2.319 times
02 Tue Jan 2024 60.00 60.50 60.50 59.52 0.48 times
01 Mon Jan 2024 59.82 58.00 60.90 58.00 1.048 times

My analysis of stock is bearish for shortterm, and stock might move down till 59.2 or till 58.2. Use a stoploss of 60 and if the stock hits stoploss, then it can shoot up till 60.84

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 54.35
Downside Target 57.10
Upside Target 60.25
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 58.37
Downside Intraday Target 57.02
Upside Intraday Target 61.2
Upside Intraday Target 62.68
Upside Intraday Target 59.85

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
12 Fri Jan 2024 59.72 61.33 61.33 58.50 0.634 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 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 Mlr (FortisMlr)

Date Monthly Closing Price Open High Low Volume
12 Fri Jan 2024 59.72 58.00 61.48 58.00 0.555 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 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 Mlr ( (FortisMlr) ) 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 Mlr ( (FortisMlr) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer 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.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 Mlr in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Mlr is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.98 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. 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 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 Mlr ( (FortisMlr) ) 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 Mlr ( (FortisMlr) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer 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.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 Mlr in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Mlr is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.98 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Fortis Mlr charts

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Daily charts

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Daily chart
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