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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 2024-01-15 View latest technical analysis

10 day averaged volume of Fortis Mlr is 29360

Date Daily Closing Price Open High Low Volume
15 Mon Jan 2024 62.70 60.48 62.70 59.70 1.589 times
12 Fri Jan 2024 59.72 59.94 60.00 58.70 0.42 times
11 Thu Jan 2024 59.21 60.00 60.30 58.50 1.102 times
10 Wed Jan 2024 59.52 60.70 60.90 59.00 0.612 times
09 Tue Jan 2024 60.19 60.71 60.71 59.90 0.934 times
08 Mon Jan 2024 60.63 61.33 61.33 60.00 0.813 times
05 Fri Jan 2024 60.13 60.95 61.48 59.90 1.219 times
04 Thu Jan 2024 60.41 61.00 61.00 60.01 0.996 times
03 Wed Jan 2024 60.02 60.50 60.50 59.56 2.353 times
02 Tue Jan 2024 60.00 60.50 60.50 59.52 0.487 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 62.1, for a target of 61 or 60.04

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 54.35
Downside Target 57.10
Downside Target 59.70
Downside Target 61.25
Downside Target 62.00
Downside Target 62.70
Upside Target 63.45
Upside Target 64.36
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 60.7
Downside Intraday Target 58.7
Upside Intraday Target 63.7
Upside Intraday Target 64.7
Downside Intraday Target 61.7

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
15 Mon Jan 2024 62.70 60.48 62.70 59.70 0.41 times
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

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
15 Mon Jan 2024 62.70 58.00 62.70 58.00 0.643 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 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 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 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 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 BUY. Signal strength is Weak 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Fortis Mlr in short term and BUY signal is strong.

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 60.41 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 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 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 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 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 BUY. Signal strength is Weak 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Fortis Mlr in short term and BUY signal is strong.

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 60.41 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.

Click here for Fortis Mlr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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