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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 2024-01-25 View latest technical analysis

10 day averaged volume of Fortis Mlr is 29318

Date Daily Closing Price Open High Low Volume
25 Thu Jan 2024 58.31 59.99 59.99 57.52 0.36 times
24 Wed Jan 2024 58.84 58.70 58.90 57.01 0.334 times
23 Tue Jan 2024 58.35 60.00 60.00 58.05 0.497 times
22 Mon Jan 2024 59.82 60.00 60.00 58.55 0.966 times
19 Fri Jan 2024 59.68 60.99 60.99 59.50 0.431 times
18 Thu Jan 2024 59.79 60.98 60.98 58.37 0.429 times
17 Wed Jan 2024 59.95 59.41 61.99 59.41 3.437 times
16 Tue Jan 2024 61.39 64.99 64.99 61.01 0.79 times
15 Mon Jan 2024 62.70 60.48 62.70 59.70 1.591 times
12 Fri Jan 2024 59.72 59.94 60.00 58.70 0.42 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.9, but if it comes above 58.9, then a intra day buy could be more profitable.
If you take a sell trade below 58.9, then use 58.9 as stoploss and 57.7 as target. However if you take a buy trade in stock , then use 58.9 as stoploss and 59.87 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 54.35
Downside Target 57.01
Upside Target 60.00
Upside Target 61.25
Upside Target 61.48
Upside Target 62.00
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 56.88
Downside Intraday Target 55.45
Upside Intraday Target 59.87
Upside Intraday Target 61.43
Upside Intraday Target 58.44

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
25 Thu Jan 2024 58.31 60.00 60.00 57.01 0.323 times
19 Fri Jan 2024 59.68 60.48 64.99 58.37 1.719 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

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
25 Thu Jan 2024 58.31 58.00 64.99 57.01 1.044 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 down 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Fortis Mlr in short term and the sell signal is strong.

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 buy signal for Fortis Mlr in short term but BUY signal is weak.

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 60.31 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 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Fortis Mlr in short term and the sell signal is strong.

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 buy signal for Fortis Mlr in short term but BUY signal is weak.

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 60.31 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 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

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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