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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 2024-06-20 View latest technical analysis

10 day averaged volume of Fortis Mlr is 106252

Date Daily Closing Price Open High Low Volume
20 Thu Jun 2024 72.18 72.18 72.18 72.18 0.192 times
19 Wed Jun 2024 73.65 78.78 78.78 71.28 2.599 times
18 Tue Jun 2024 75.03 75.00 75.03 72.00 0.84 times
14 Fri Jun 2024 68.06 68.06 68.06 68.06 0.279 times
13 Thu Jun 2024 68.06 68.06 68.06 68.06 0.279 times
12 Wed Jun 2024 64.82 64.82 64.82 64.82 0.085 times
11 Tue Jun 2024 61.74 59.05 61.74 59.05 0.711 times
10 Mon Jun 2024 58.80 55.89 58.80 55.00 1.745 times
07 Fri Jun 2024 56.00 55.01 56.00 55.01 0.961 times
06 Thu Jun 2024 56.13 56.14 57.28 56.13 2.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.3, but if it comes below 69.3, then a intra day sell could be more profitable.
If you take a sell trade below 69.3, then use 69.3 as stoploss and 63.86 as target. However if you take a buy trade in stock , then use 69.3 as stoploss and 75.8 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 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 69.38
Downside Intraday Target 66.58
Upside Intraday Target 76.88
Upside Intraday Target 81.58
Upside Intraday Target 74.08

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
20 Thu Jun 2024 72.18 75.00 78.78 71.28 1.171 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
20 Thu Jun 2024 72.18 59.62 78.78 55.00 2.161 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 losing momentum.

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

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 SELL signal for Fortis Mlr in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 64.08 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 losing momentum.

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

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 SELL signal for Fortis Mlr in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 64.08 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
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