(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 2024-08-06 View latest technical analysis
10 day averaged volume of Fortis Mlr is 39598
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 61.05 | 62.20 | 63.48 | 60.22 | 1.083 times |
| 05 Mon Aug 2024 | 62.32 | 61.70 | 63.69 | 61.25 | 0.875 times |
| 02 Fri Aug 2024 | 63.69 | 64.55 | 66.00 | 62.00 | 1.056 times |
| 01 Thu Aug 2024 | 64.94 | 64.90 | 67.00 | 62.70 | 1.209 times |
| 31 Wed Jul 2024 | 64.49 | 62.88 | 64.99 | 60.51 | 0.885 times |
| 30 Tue Jul 2024 | 62.44 | 63.99 | 63.99 | 62.00 | 1.628 times |
| 29 Mon Jul 2024 | 64.69 | 63.99 | 65.96 | 60.72 | 1.658 times |
| 26 Fri Jul 2024 | 63.24 | 62.00 | 63.24 | 62.00 | 0.541 times |
| 25 Thu Jul 2024 | 62.00 | 62.00 | 62.00 | 61.21 | 0.478 times |
| 24 Wed Jul 2024 | 62.05 | 62.00 | 62.05 | 62.00 | 0.814 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.4, but if it comes above 62.4, then a intra day buy could be more profitable.
If you take a sell trade below 62.4, then use 62.4 as stoploss and 60.2 as target. However if you take a buy trade in stock , then use 62.4 as stoploss and 64.21 as target.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 47.01 |
| Downside Target | 55.00 |
| Downside Target | 60.22 |
| Upside Target | 63.69 |
| Upside Target | 65.00 |
| Upside Target | 67.00 |
| Upside Target | 67.70 |
| 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 | 59.62 |
| Downside Intraday Target | 58.18 |
| Upside Intraday Target | 63.09 |
| Upside Intraday Target | 65.12 |
| Upside Intraday Target | 61.65 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 61.05 | 61.70 | 63.69 | 60.22 | 0.304 times |
| 02 Fri Aug 2024 | 63.69 | 63.99 | 67.00 | 60.51 | 1.583 times |
| 26 Fri Jul 2024 | 63.24 | 67.00 | 67.00 | 61.21 | 0.762 times |
| 19 Fri Jul 2024 | 67.50 | 65.00 | 67.70 | 65.00 | 1.731 times |
| 12 Fri Jul 2024 | 63.75 | 66.29 | 66.29 | 62.41 | 0.774 times |
Price has moved down 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 |
| 06 Tue Aug 2024 | 61.05 | 64.90 | 67.00 | 60.22 | 0.205 times |
| 31 Wed Jul 2024 | 64.49 | 62.70 | 67.70 | 60.51 | 0.685 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak 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 getting stronger in this stock.
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 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 63.24 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak 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 getting stronger in this stock.
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 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 63.24 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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