(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 2024-02-28 View latest technical analysis
10 day averaged volume of Fortis Mlr is 23801
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 53.33 | 54.95 | 54.95 | 52.25 | 0.597 times |
| 27 Tue Feb 2024 | 54.53 | 54.00 | 54.90 | 53.00 | 0.386 times |
| 26 Mon Feb 2024 | 54.39 | 55.00 | 55.80 | 53.50 | 0.372 times |
| 23 Fri Feb 2024 | 54.81 | 53.65 | 55.95 | 53.65 | 0.528 times |
| 22 Thu Feb 2024 | 53.83 | 54.51 | 54.60 | 53.00 | 0.405 times |
| 21 Wed Feb 2024 | 54.65 | 55.90 | 56.00 | 54.51 | 0.521 times |
| 20 Tue Feb 2024 | 55.07 | 56.00 | 56.00 | 54.50 | 0.55 times |
| 19 Mon Feb 2024 | 55.75 | 55.65 | 56.15 | 55.00 | 1.059 times |
| 16 Fri Feb 2024 | 54.56 | 53.11 | 56.00 | 53.11 | 3.387 times |
| 15 Thu Feb 2024 | 53.52 | 55.40 | 55.40 | 53.21 | 0.601 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.8, but if it comes above 53.8, then a intra day buy could be more profitable.
If you take a sell trade below 53.8, then use 53.8 as stoploss and 51.8 as target. However if you take a buy trade in stock , then use 53.8 as stoploss and 55.46 as target.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 52.25 |
| Upside Target | 54.35 |
| Upside Target | 55.50 |
| Upside Target | 59.60 |
| Upside Target | 60.01 |
| 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 | 51.79 |
| Downside Intraday Target | 50.24 |
| Upside Intraday Target | 55.34 |
| Upside Intraday Target | 57.34 |
| Upside Intraday Target | 53.79 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 53.33 | 55.00 | 55.80 | 52.25 | 0.443 times |
| 23 Fri Feb 2024 | 54.81 | 55.65 | 56.15 | 53.00 | 0.371 times |
| 16 Fri Feb 2024 | 54.56 | 57.40 | 57.40 | 52.64 | 0.747 times |
| 09 Fri Feb 2024 | 56.98 | 58.00 | 60.01 | 55.50 | 1.737 times |
| 02 Fri Feb 2024 | 56.96 | 59.00 | 59.60 | 56.00 | 2.396 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 |
| 28 Wed Feb 2024 | 53.33 | 58.00 | 60.01 | 52.25 | 1.129 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 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 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 BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
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. 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 but buying is losing 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 54.56 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 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 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 BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
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. 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 but buying is losing 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 54.56 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