(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 2024-05-17 View latest technical analysis
10 day averaged volume of Fortis Mlr is 6130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 71.48 | 71.48 | 71.48 | 71.48 | 1.396 times |
| 16 Thu May 2024 | 72.93 | 72.93 | 72.93 | 72.93 | 0.994 times |
| 15 Wed May 2024 | 74.41 | 74.41 | 74.41 | 74.41 | 0.855 times |
| 14 Tue May 2024 | 75.92 | 75.92 | 75.92 | 75.92 | 1.558 times |
| 13 Mon May 2024 | 77.46 | 77.46 | 77.46 | 77.46 | 0.57 times |
| 10 Fri May 2024 | 79.04 | 79.04 | 79.04 | 79.04 | 0.591 times |
| 09 Thu May 2024 | 80.65 | 80.65 | 80.65 | 80.65 | 0.448 times |
| 08 Wed May 2024 | 82.29 | 82.29 | 82.29 | 82.29 | 0.759 times |
| 07 Tue May 2024 | 83.96 | 83.96 | 83.96 | 83.96 | 0.665 times |
| 06 Mon May 2024 | 85.67 | 85.67 | 85.67 | 85.67 | 1.113 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.6, but if it comes above 73.6, then a intra day buy could be more profitable.
If you take a sell trade below 73.6, then use 73.6 as stoploss and 62.8 as target. However if you take a buy trade in stock , then use 73.6 as stoploss and 82.58 as target.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 44.00 |
| Downside Target | 47.01 |
| Downside Target | 51.00 |
| Downside Target | 57.01 |
| Downside Target | 60.01 |
| Downside Target | 64.99 |
| Downside Target | 67.59 |
| Downside Target | 71.48 |
| Upside Target | 77.46 |
| Upside Target | 79.04 |
| Upside Target | 85.67 |
| Upside Target | 89.19 |
| Upside Target | 91.01 |
| Upside Target | 98.13 |
| Upside Target | 107.94 |
Intraday share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Intraday Target | 69.49 |
| Downside Intraday Target | 67.49 |
| Upside Intraday Target | 75.47 |
| Upside Intraday Target | 79.45 |
| Upside Intraday Target | 73.47 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 71.48 | 77.46 | 77.46 | 71.48 | 1.503 times |
| 10 Fri May 2024 | 79.04 | 85.67 | 85.67 | 79.04 | 0.119 times |
| 03 Fri May 2024 | 87.41 | 86.68 | 91.01 | 86.68 | 0.118 times |
| 26 Fri Apr 2024 | 82.56 | 107.94 | 107.94 | 65.00 | 0.816 times |
| 19 Fri Apr 2024 | 98.13 | 67.59 | 98.13 | 67.59 | 18.66 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortis Mlr (FortisMlr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 71.48 | 89.19 | 89.19 | 71.48 | 0.033 times |
| 30 Tue Apr 2024 | 91.01 | 47.01 | 107.94 | 47.01 | 8.081 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 negative zone. This is the SELL zone
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 77.64 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 positive
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 negative zone. This is the SELL zone
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 77.64 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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