(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 2024-09-27 View latest technical analysis
10 day averaged volume of Fortis Mlr is 20847
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 59.08 | 60.29 | 60.29 | 59.00 | 1.554 times |
| 26 Thu Sep 2024 | 59.38 | 60.39 | 60.39 | 59.01 | 0.497 times |
| 25 Wed Sep 2024 | 59.54 | 60.15 | 60.57 | 59.11 | 0.632 times |
| 24 Tue Sep 2024 | 59.72 | 60.30 | 60.30 | 59.05 | 1.557 times |
| 23 Mon Sep 2024 | 59.64 | 58.50 | 60.98 | 58.50 | 0.893 times |
| 20 Fri Sep 2024 | 59.75 | 60.79 | 60.79 | 58.60 | 1.425 times |
| 19 Thu Sep 2024 | 59.78 | 61.50 | 61.50 | 59.00 | 0.731 times |
| 18 Wed Sep 2024 | 59.81 | 60.00 | 60.00 | 59.30 | 0.726 times |
| 17 Tue Sep 2024 | 60.29 | 60.49 | 60.65 | 58.60 | 1.561 times |
| 16 Mon Sep 2024 | 59.50 | 60.20 | 60.80 | 59.01 | 1.236 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.4, but if it comes above 59.4, then a intra day buy could be more profitable.
If you take a sell trade below 59.4, then use 59.4 as stoploss and 58.7 as target. However if you take a buy trade in stock , then use 59.4 as stoploss and 59.93 as target.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 55.00 |
| Downside Target | 58.00 |
| Upside Target | 61.50 |
| Upside Target | 62.00 |
| Upside Target | 62.40 |
| Upside Target | 62.65 |
| 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 | 58.06 |
| Downside Intraday Target | 57.04 |
| Upside Intraday Target | 60.54 |
| Upside Intraday Target | 62 |
| Upside Intraday Target | 59.52 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 59.08 | 58.50 | 60.98 | 58.50 | 0.904 times |
| 20 Fri Sep 2024 | 59.75 | 60.20 | 61.50 | 58.60 | 0.778 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 |
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 |
| 27 Fri Sep 2024 | 59.08 | 61.00 | 62.40 | 58.00 | 0.86 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
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 59.67 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
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 59.67 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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