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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 2024-03-12 View latest technical analysis

10 day averaged volume of Fortis Mlr is 20500

Date Daily Closing Price Open High Low Volume
12 Tue Mar 2024 51.69 53.80 53.80 51.00 0.479 times
11 Mon Mar 2024 52.21 54.00 54.40 51.70 0.689 times
07 Thu Mar 2024 53.04 52.45 54.16 52.05 2.232 times
06 Wed Mar 2024 52.67 52.01 53.70 52.01 1.2 times
05 Tue Mar 2024 53.69 53.89 55.90 53.30 1.928 times
04 Mon Mar 2024 54.99 54.00 57.50 54.00 0.237 times
02 Sat Mar 2024 54.77 57.70 57.70 53.53 0.081 times
01 Fri Mar 2024 55.53 53.79 55.95 52.30 1.02 times
29 Thu Feb 2024 52.69 53.40 53.95 51.00 1.473 times
28 Wed Feb 2024 53.33 54.95 54.95 52.25 0.693 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 51.6, for a target of 52.9 or 53.97

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 51.00
Upside Target 54.40
Upside Target 56.15
Upside Target 57.50
Upside Target 57.70
Upside Target 60.01
Upside Target 64.36
Upside Target 64.99
Upside Target 65.99
Upside Target 86.40

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 50.33
Downside Intraday Target 48.96
Upside Intraday Target 53.73
Upside Intraday Target 55.76
Upside Intraday Target 52.36

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
12 Tue Mar 2024 51.69 54.00 54.40 51.00 0.209 times
07 Thu Mar 2024 53.04 54.00 57.50 52.01 1.349 times
02 Sat Mar 2024 54.77 55.00 57.70 51.00 1.167 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

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
12 Tue Mar 2024 51.69 53.79 57.70 51.00 0.229 times
29 Thu Feb 2024 52.69 58.00 60.01 51.00 1.18 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

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 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 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 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 53.28 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 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 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 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 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 53.28 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

Daily charts

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Daily chart
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