(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 2024-01-16 View latest technical analysis
10 day averaged volume of Fortis Mlr is 30902
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 61.39 | 64.99 | 64.99 | 61.01 | 0.749 times |
| 15 Mon Jan 2024 | 62.70 | 60.48 | 62.70 | 59.70 | 1.51 times |
| 12 Fri Jan 2024 | 59.72 | 59.94 | 60.00 | 58.70 | 0.399 times |
| 11 Thu Jan 2024 | 59.21 | 60.00 | 60.30 | 58.50 | 1.047 times |
| 10 Wed Jan 2024 | 59.52 | 60.70 | 60.90 | 59.00 | 0.581 times |
| 09 Tue Jan 2024 | 60.19 | 60.71 | 60.71 | 59.90 | 0.887 times |
| 08 Mon Jan 2024 | 60.63 | 61.33 | 61.33 | 60.00 | 0.772 times |
| 05 Fri Jan 2024 | 60.13 | 60.95 | 61.48 | 59.90 | 1.159 times |
| 04 Thu Jan 2024 | 60.41 | 61.00 | 61.00 | 60.01 | 0.946 times |
| 03 Wed Jan 2024 | 60.02 | 60.50 | 60.50 | 59.56 | 2.236 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.9, but if it comes below 60.9, then a intra day sell could be more profitable.
If you take a sell trade below 60.9, then use 60.9 as stoploss and 60.02 as target. However if you take a buy trade in stock , then use 60.9 as stoploss and 62 as target.
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 |
| Upside Target | 62.00 |
| Upside Target | 63.45 |
| Upside Target | 64.36 |
| Upside Target | 64.99 |
| 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 | 59.06 |
| Downside Intraday Target | 56.74 |
| Upside Intraday Target | 64.35 |
| Upside Intraday Target | 67.32 |
| Upside Intraday Target | 62.03 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 61.39 | 60.48 | 64.99 | 59.70 | 0.613 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 |
| 16 Tue Jan 2024 | 61.39 | 58.00 | 64.99 | 58.00 | 0.687 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong 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 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 below the red cloud Prices appear to be coming down
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 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 60.5 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong 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 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 below the red cloud Prices appear to be coming down
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 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 60.5 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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