(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 2024-06-19 View latest technical analysis
10 day averaged volume of Fortis Mlr is 79345
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 73.65 | 78.78 | 78.78 | 71.28 | 3.48 times |
| 18 Tue Jun 2024 | 75.03 | 75.00 | 75.03 | 72.00 | 1.125 times |
| 14 Fri Jun 2024 | 68.06 | 68.06 | 68.06 | 68.06 | 0.374 times |
| 13 Thu Jun 2024 | 68.06 | 68.06 | 68.06 | 68.06 | 0.374 times |
| 12 Wed Jun 2024 | 64.82 | 64.82 | 64.82 | 64.82 | 0.113 times |
| 11 Tue Jun 2024 | 61.74 | 59.05 | 61.74 | 59.05 | 0.953 times |
| 10 Mon Jun 2024 | 58.80 | 55.89 | 58.80 | 55.00 | 2.337 times |
| 07 Fri Jun 2024 | 56.00 | 55.01 | 56.00 | 55.01 | 1.286 times |
| 06 Thu Jun 2024 | 56.13 | 56.14 | 57.28 | 56.13 | 3.242 times |
| 05 Wed Jun 2024 | 57.27 | 57.27 | 57.27 | 57.27 | 0.107 times |
Stock of Fortis Mlr (FortisMlr) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 75, for a target of 68.8 or 63.61
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 44.00 |
| Downside Target | 47.01 |
| Downside Target | 51.00 |
| Downside Target | 55.00 |
| Downside Target | 57.70 |
| Downside Target | 59.62 |
| Downside Target | 64.64 |
| Downside Target | 65.93 |
| Downside Target | 68.06 |
| Downside Target | 71.28 |
| Upside Target | 78.78 |
| Upside Target | 89.19 |
| Upside Target | 107.94 |
Intraday share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Intraday Target | 70.36 |
| Downside Intraday Target | 67.07 |
| Upside Intraday Target | 77.86 |
| Upside Intraday Target | 82.07 |
| Upside Intraday Target | 74.57 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 73.65 | 75.00 | 78.78 | 71.28 | 1.109 times |
| 14 Fri Jun 2024 | 68.06 | 55.89 | 68.06 | 55.00 | 0.844 times |
| 07 Fri Jun 2024 | 56.00 | 59.62 | 59.62 | 55.01 | 1.147 times |
| 31 Fri May 2024 | 60.83 | 63.35 | 65.93 | 60.83 | 8.496 times |
| 24 Fri May 2024 | 64.64 | 68.66 | 68.66 | 64.64 | 1.137 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 Wed Jun 2024 | 73.65 | 59.62 | 78.78 | 55.00 | 2.121 times |
| 31 Fri May 2024 | 60.83 | 89.19 | 89.19 | 60.83 | 0.132 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short 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.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 63.87 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 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.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short 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.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 63.87 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.
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