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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 2024-07-05 View latest technical analysis

10 day averaged volume of Fortis Mlr is 20548

Date Daily Closing Price Open High Low Volume
05 Fri Jul 2024 65.00 65.00 65.00 64.99 1.93 times
04 Thu Jul 2024 64.51 64.51 64.51 64.51 2.404 times
03 Wed Jul 2024 63.25 62.02 63.25 62.02 0.955 times
02 Tue Jul 2024 62.01 62.10 62.10 61.58 1.529 times
01 Mon Jul 2024 62.70 62.70 62.70 62.70 0.851 times
28 Fri Jun 2024 63.97 63.97 63.97 63.97 1.315 times
27 Thu Jun 2024 65.27 65.27 65.27 65.27 0.604 times
26 Wed Jun 2024 66.60 66.60 66.60 66.60 0.458 times
25 Tue Jun 2024 67.95 67.95 67.95 67.95 0.501 times
24 Mon Jun 2024 70.74 70.74 70.74 70.74 0.692 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.3 or till 55.6. Use a stoploss of 66.05 and if the stock hits stoploss, then it can shoot up till 70.79

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 44.00
Downside Target 47.01
Downside Target 55.00
Downside Target 57.70
Downside Target 59.62
Downside Target 60.83
Downside Target 63.97
Upside Target 68.06
Upside Target 70.74
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 62.72
Downside Intraday Target 60.44
Upside Intraday Target 66.14
Upside Intraday Target 67.28
Downside Intraday Target 63.86

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
05 Fri Jul 2024 65.00 62.70 65.00 61.58 2.148 times
28 Fri Jun 2024 63.97 70.74 70.74 63.97 0.183 times
21 Fri Jun 2024 70.74 75.00 78.78 70.74 1.215 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

Price has moved up 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
05 Fri Jul 2024 65.00 62.70 65.00 61.58 0.132 times
28 Fri Jun 2024 63.97 59.62 78.78 55.00 2.333 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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Fortis Mlr in short term and the sell 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 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 moving up

CCI has generated a buy signal for Fortis Mlr in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 64.61 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Fortis Mlr in short term and the sell 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 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 moving up

CCI has generated a buy signal for Fortis Mlr in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 64.61 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 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.

Click here for Fortis Mlr charts

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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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