(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 2024-05-29 View latest technical analysis
10 day averaged volume of Fortis Mlr is 37724
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 63.33 | 63.33 | 63.33 | 63.33 | 0.23 times |
| 28 Tue May 2024 | 64.62 | 64.62 | 64.62 | 64.62 | 0.885 times |
| 27 Mon May 2024 | 65.93 | 63.35 | 65.93 | 63.35 | 7.467 times |
| 24 Fri May 2024 | 64.64 | 64.64 | 64.64 | 64.64 | 0.265 times |
| 23 Thu May 2024 | 65.95 | 65.95 | 65.95 | 65.95 | 0.248 times |
| 22 Wed May 2024 | 67.29 | 67.29 | 67.29 | 67.29 | 0.247 times |
| 21 Tue May 2024 | 68.66 | 68.66 | 68.66 | 68.66 | 0.301 times |
| 18 Sat May 2024 | 70.06 | 70.06 | 70.06 | 70.06 | 0.06 times |
| 17 Fri May 2024 | 71.48 | 71.48 | 71.48 | 71.48 | 0.227 times |
| 16 Thu May 2024 | 72.93 | 72.93 | 72.93 | 72.93 | 0.161 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.4, but if it comes above 66.4, then a intra day buy could be more profitable.
If you take a sell trade below 66.4, then use 66.4 as stoploss and 56.7 as target. However if you take a buy trade in stock , then use 66.4 as stoploss and 74.54 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 | 63.33 |
| Upside Target | 64.64 |
| Upside Target | 68.66 |
| Upside Target | 70.06 |
| Upside Target | 77.46 |
| Upside Target | 79.04 |
| Upside Target | 85.67 |
| Upside Target | 86.68 |
| Upside Target | 89.19 |
| Upside Target | 91.01 |
| Upside Target | 107.94 |
Intraday share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Intraday Target | 62.46 |
| Downside Intraday Target | 61.6 |
| Upside Intraday Target | 65.06 |
| Upside Intraday Target | 66.8 |
| Upside Intraday Target | 64.2 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 63.33 | 63.35 | 65.93 | 63.33 | 8.087 times |
| 24 Fri May 2024 | 64.64 | 68.66 | 68.66 | 64.64 | 1.137 times |
| 18 Sat May 2024 | 70.06 | 77.46 | 77.46 | 70.06 | 1.606 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 |
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 |
| 29 Wed May 2024 | 63.33 | 89.19 | 89.19 | 63.33 | 0.128 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 66.1 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 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 66.1 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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