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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 2024-03-19 View latest technical analysis

10 day averaged volume of Fortis Mlr is 23169

Date Daily Closing Price Open High Low Volume
19 Tue Mar 2024 48.49 49.84 49.84 47.66 0.801 times
18 Mon Mar 2024 49.21 48.50 50.40 48.15 1.113 times
15 Fri Mar 2024 48.31 47.78 51.40 47.00 1.45 times
14 Thu Mar 2024 48.76 45.75 52.50 45.75 0.683 times
13 Wed Mar 2024 47.96 50.00 53.50 46.55 0.769 times
12 Tue Mar 2024 51.69 53.80 53.80 51.00 0.424 times
11 Mon Mar 2024 52.21 54.00 54.40 51.70 0.61 times
07 Thu Mar 2024 53.04 52.45 54.16 52.05 1.975 times
06 Wed Mar 2024 52.67 52.01 53.70 52.01 1.062 times
05 Tue Mar 2024 53.69 53.89 55.90 53.30 1.706 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, but if it comes above 50, then a intra day buy could be more profitable.
If you take a sell trade below 50, then use 50 as stoploss and 47 as target. However if you take a buy trade in stock , then use 50 as stoploss and 52.48 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 45.75
Downside Target 47.66
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 47.3
Downside Intraday Target 46.11
Upside Intraday Target 50.04
Upside Intraday Target 51.59
Upside Intraday Target 48.85

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
19 Tue Mar 2024 48.49 48.50 50.40 47.66 0.486 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
19 Tue Mar 2024 48.49 53.79 57.70 45.75 0.388 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 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 SELL signal in short term but selling is losing 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 50.97 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 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 SELL signal in short term but selling is losing 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 50.97 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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