(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 2024-02-01 View latest technical analysis
10 day averaged volume of Fortis Mlr is 23271
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 57.67 | 58.00 | 58.99 | 56.00 | 0.618 times |
| 31 Wed Jan 2024 | 57.86 | 59.40 | 59.40 | 57.60 | 0.707 times |
| 30 Tue Jan 2024 | 58.29 | 58.10 | 59.44 | 57.50 | 0.476 times |
| 29 Mon Jan 2024 | 58.17 | 59.00 | 59.60 | 58.00 | 0.686 times |
| 25 Thu Jan 2024 | 58.31 | 59.99 | 59.99 | 57.52 | 0.453 times |
| 24 Wed Jan 2024 | 58.84 | 58.70 | 58.90 | 57.01 | 0.421 times |
| 23 Tue Jan 2024 | 58.35 | 60.00 | 60.00 | 58.05 | 0.626 times |
| 22 Mon Jan 2024 | 59.82 | 60.00 | 60.00 | 58.55 | 1.217 times |
| 19 Fri Jan 2024 | 59.68 | 60.99 | 60.99 | 59.50 | 0.543 times |
| 18 Thu Jan 2024 | 59.79 | 60.98 | 60.98 | 58.37 | 0.541 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.3, but if it comes above 58.3, then a intra day buy could be more profitable.
If you take a sell trade below 58.3, then use 58.3 as stoploss and 56.8 as target. However if you take a buy trade in stock , then use 58.3 as stoploss and 59.53 as target.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 54.35 |
| Downside Target | 56.00 |
| Upside Target | 60.00 |
| Upside Target | 61.33 |
| Upside Target | 61.48 |
| 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 | 55.91 |
| Downside Intraday Target | 54.16 |
| Upside Intraday Target | 59.51 |
| Upside Intraday Target | 61.36 |
| Upside Intraday Target | 57.76 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 57.67 | 59.00 | 59.60 | 56.00 | 0.915 times |
| 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 |
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 |
| 01 Thu Feb 2024 | 57.67 | 58.00 | 58.99 | 56.00 | 0.024 times |
| 31 Wed Jan 2024 | 57.86 | 58.00 | 64.99 | 57.01 | 1.127 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 |
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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 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 58.76 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 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 58.76 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.
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