Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-02 View latest technical analysis

10 day averaged volume of Fortis Mlr is 33212

Date Daily Closing Price Open High Low Volume
02 Tue Apr 2024 52.79 52.30 53.40 50.59 0.758 times
01 Mon Apr 2024 51.19 47.01 51.26 47.01 1.431 times
28 Thu Mar 2024 46.60 45.10 47.40 44.00 1.677 times
27 Wed Mar 2024 46.15 46.50 47.85 46.00 1.263 times
26 Tue Mar 2024 47.13 47.80 48.40 45.50 1.741 times
22 Fri Mar 2024 47.80 48.40 49.25 47.52 0.558 times
21 Thu Mar 2024 47.98 49.74 49.74 47.51 0.42 times
20 Wed Mar 2024 48.18 49.21 49.49 47.75 0.563 times
19 Tue Mar 2024 48.49 49.84 49.84 47.66 0.559 times
18 Mon Mar 2024 49.21 48.50 50.40 48.15 0.776 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.9 as stoploss in an intra day sell trade for a target of 50.18. However, stock will show a bullish move above 52.9.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 44.00
Downside Target 45.75
Downside Target 47.01
Downside Target 50.40
Upside Target 53.40
Upside Target 57.01
Upside Target 57.10
Upside Target 57.50
Upside Target 57.70
Upside Target 60.01
Upside Target 64.99
Upside Target 65.99

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 48.73
Downside Intraday Target 44.68
Upside Intraday Target 55.12
Upside Intraday Target 57.46
Downside Intraday Target 51.07

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
02 Tue Apr 2024 52.79 47.01 53.40 47.01 0.468 times
28 Thu Mar 2024 46.60 47.80 48.40 44.00 1.628 times
22 Fri Mar 2024 47.80 48.50 50.40 47.51 1.047 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

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
02 Tue Apr 2024 52.79 47.01 53.40 47.01 0.152 times
28 Thu Mar 2024 46.60 53.79 57.70 44.00 0.682 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

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Fortis Mlr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Fortis Mlr in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 48.33 and Fortis Mlr (FortisMlr) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Fortis Mlr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Fortis Mlr in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 48.33 and Fortis Mlr (FortisMlr) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme