(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 2024-03-18 View latest technical analysis
10 day averaged volume of Fortis Mlr is 20757
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 49.21 | 48.50 | 50.40 | 48.15 | 1.242 times |
15 Fri Mar 2024 | 48.31 | 47.78 | 51.40 | 47.00 | 1.619 times |
14 Thu Mar 2024 | 48.76 | 45.75 | 52.50 | 45.75 | 0.763 times |
13 Wed Mar 2024 | 47.96 | 50.00 | 53.50 | 46.55 | 0.858 times |
12 Tue Mar 2024 | 51.69 | 53.80 | 53.80 | 51.00 | 0.473 times |
11 Mon Mar 2024 | 52.21 | 54.00 | 54.40 | 51.70 | 0.68 times |
07 Thu Mar 2024 | 53.04 | 52.45 | 54.16 | 52.05 | 2.204 times |
06 Wed Mar 2024 | 52.67 | 52.01 | 53.70 | 52.01 | 1.185 times |
05 Tue Mar 2024 | 53.69 | 53.89 | 55.90 | 53.30 | 1.904 times |
04 Mon Mar 2024 | 54.99 | 54.00 | 57.50 | 54.00 | 0.234 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.5, but if it comes above 50.5, then a intra day buy could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 47.6 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 52.81 as target.
Share price targets for Fortis Mlr (FortisMlr)
Target Type | Value |
Downside Target | 45.75 |
Downside Target | 48.15 |
Upside Target | 50.40 |
Upside Target | 54.40 |
Upside Target | 56.15 |
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 | 48.11 |
Downside Intraday Target | 47 |
Upside Intraday Target | 50.36 |
Upside Intraday Target | 51.5 |
Upside Intraday Target | 49.25 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 49.21 | 48.50 | 50.40 | 48.15 | 0.283 times |
15 Fri Mar 2024 | 48.31 | 54.00 | 54.40 | 45.75 | 0.795 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 |
Price has moved up 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 |
18 Mon Mar 2024 | 49.21 | 53.79 | 57.70 | 45.75 | 0.362 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fortis Mlr in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fortis Mlr is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.25 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fortis Mlr in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fortis Mlr is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.25 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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