(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 2024-01-18 View latest technical analysis
10 day averaged volume of Fortis Mlr is 34956
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 59.79 | 60.98 | 60.98 | 58.37 | 0.36 times |
| 17 Wed Jan 2024 | 59.95 | 59.41 | 61.99 | 59.41 | 2.883 times |
| 16 Tue Jan 2024 | 61.39 | 64.99 | 64.99 | 61.01 | 0.662 times |
| 15 Mon Jan 2024 | 62.70 | 60.48 | 62.70 | 59.70 | 1.335 times |
| 12 Fri Jan 2024 | 59.72 | 59.94 | 60.00 | 58.70 | 0.353 times |
| 11 Thu Jan 2024 | 59.21 | 60.00 | 60.30 | 58.50 | 0.926 times |
| 10 Wed Jan 2024 | 59.52 | 60.70 | 60.90 | 59.00 | 0.514 times |
| 09 Tue Jan 2024 | 60.19 | 60.71 | 60.71 | 59.90 | 0.784 times |
| 08 Mon Jan 2024 | 60.63 | 61.33 | 61.33 | 60.00 | 0.682 times |
| 05 Fri Jan 2024 | 60.13 | 60.95 | 61.48 | 59.90 | 1.024 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 60.05 and if the stock hits stoploss, then it can shoot up till 60.9
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 54.35 |
| Downside Target | 57.10 |
| Upside 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 | 57.11 |
| Downside Intraday Target | 54.43 |
| Upside Intraday Target | 63.73 |
| Upside Intraday Target | 67.67 |
| Upside Intraday Target | 61.05 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 59.79 | 60.48 | 64.99 | 58.37 | 1.608 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortis Mlr (FortisMlr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 59.79 | 58.00 | 64.99 | 58.00 | 0.901 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 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 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.
Fortis Mlr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Fortis Mlr in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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.
Fortis Mlr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Fortis Mlr in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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