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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 2024-09-05 View latest technical analysis

10 day averaged volume of Fortis Mlr is 24985

Date Daily Closing Price Open High Low Volume
05 Thu Sep 2024 60.90 61.80 61.80 60.00 0.805 times
04 Wed Sep 2024 60.92 60.00 61.90 60.00 0.45 times
03 Tue Sep 2024 60.70 60.92 61.00 60.00 0.652 times
02 Mon Sep 2024 60.92 61.00 62.40 59.00 2.268 times
30 Fri Aug 2024 61.49 61.97 62.55 60.90 0.804 times
29 Thu Aug 2024 61.37 61.30 62.59 60.65 0.838 times
28 Wed Aug 2024 61.99 62.00 62.65 60.85 0.896 times
27 Tue Aug 2024 62.06 61.99 62.40 61.00 0.837 times
26 Mon Aug 2024 61.80 62.20 62.20 60.00 1.088 times
23 Fri Aug 2024 61.46 61.90 61.90 60.75 0.532 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.7 as stoploss in an intra day buy trade for a target of 61.17. However, stock will show a bearish move below 60.7.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 55.00
Downside Target 59.00
Upside Target 62.40
Upside Target 62.65
Upside Target 63.20
Upside Target 63.22
Upside Target 63.69
Upside Target 67.00
Upside Target 67.70
Upside Target 78.78
Upside Target 89.19

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 59.13
Downside Intraday Target 57.37
Upside Intraday Target 62.53
Upside Intraday Target 64.17
Downside Intraday Target 60.77

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
05 Thu Sep 2024 60.90 61.00 62.40 59.00 0.935 times
30 Fri Aug 2024 61.49 62.20 62.65 60.00 0.923 times
23 Fri Aug 2024 61.46 61.45 63.20 59.50 1.126 times
16 Fri Aug 2024 60.67 60.50 63.22 59.80 0.62 times
09 Fri Aug 2024 60.88 61.70 63.69 59.05 0.679 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
05 Thu Sep 2024 60.90 61.00 62.40 59.00 0.173 times
30 Fri Aug 2024 61.49 64.90 67.00 59.05 0.737 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone

Stock of Fortis Mlr is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.34 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone

Stock of Fortis Mlr is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.34 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. 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

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Daily chart
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