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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 2024-09-16 View latest technical analysis

10 day averaged volume of Fortis Mlr is 29258

Date Daily Closing Price Open High Low Volume
16 Mon Sep 2024 59.50 60.20 60.80 59.01 0.88 times
13 Fri Sep 2024 59.73 60.24 60.24 59.01 0.528 times
12 Thu Sep 2024 59.75 60.20 60.20 58.80 0.536 times
11 Wed Sep 2024 59.14 59.89 60.00 58.51 0.885 times
10 Tue Sep 2024 59.47 60.00 61.00 58.00 2.159 times
09 Mon Sep 2024 60.45 62.00 62.00 60.05 1.095 times
06 Fri Sep 2024 60.10 60.30 61.70 59.95 1.232 times
05 Thu Sep 2024 60.90 61.80 61.80 60.00 0.687 times
04 Wed Sep 2024 60.92 60.00 61.90 60.00 0.384 times
03 Tue Sep 2024 60.70 60.92 61.00 60.00 0.556 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.9, but if it comes above 59.9, then a intra day buy could be more profitable.
If you take a sell trade below 59.9, then use 59.9 as stoploss and 58.8 as target. However if you take a buy trade in stock , then use 59.9 as stoploss and 60.78 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 55.00
Downside Target 58.00
Upside Target 62.00
Upside Target 62.40
Upside Target 62.65
Upside Target 63.20
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 58.74
Downside Intraday Target 57.98
Upside Intraday Target 60.53
Upside Intraday Target 61.56
Upside Intraday Target 59.77

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
16 Mon Sep 2024 59.50 60.20 60.80 59.01 0.169 times
13 Fri Sep 2024 59.73 62.00 62.00 58.00 1.085 times
06 Fri Sep 2024 60.10 61.00 62.40 59.00 1.258 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

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
16 Mon Sep 2024 59.50 61.00 62.40 58.00 0.529 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 SELL signal for Fortis Mlr in short term and the sell signal is strong.

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 buy signal for Fortis Mlr in short term but BUY signal is weak.

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 59.93 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 SELL signal for Fortis Mlr in short term and the sell signal is strong.

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 buy signal for Fortis Mlr in short term but BUY signal is weak.

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 59.93 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.

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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