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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 2024-10-11 View latest technical analysis

10 day averaged volume of Fortis Mlr is 27765

Date Daily Closing Price Open High Low Volume
11 Fri Oct 2024 57.18 58.00 58.00 56.81 0.957 times
10 Thu Oct 2024 57.16 57.55 58.20 56.90 0.873 times
09 Wed Oct 2024 57.32 59.05 59.05 57.00 1.318 times
08 Tue Oct 2024 58.28 58.96 58.96 55.50 1.051 times
07 Mon Oct 2024 56.82 59.34 59.34 56.51 1.934 times
03 Thu Oct 2024 58.27 57.50 59.15 57.50 0.789 times
01 Tue Oct 2024 58.80 59.45 59.65 58.30 0.625 times
30 Mon Sep 2024 59.06 60.09 60.09 58.00 1.395 times
27 Fri Sep 2024 59.08 60.29 60.29 59.00 1.167 times
26 Thu Sep 2024 59.38 60.39 60.39 59.01 0.373 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.9, but if it comes above 57.9, then a intra day buy could be more profitable.
If you take a sell trade below 57.9, then use 57.9 as stoploss and 56.7 as target. However if you take a buy trade in stock , then use 57.9 as stoploss and 58.94 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 55.00
Upside Target 57.50
Upside Target 60.09
Upside Target 60.51
Upside Target 60.98
Upside Target 61.50
Upside Target 62.00
Upside Target 62.40
Upside Target 67.00
Upside Target 67.70
Upside Target 78.78

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 55.34
Downside Intraday Target 53.5
Upside Intraday Target 59.18
Upside Intraday Target 61.18
Upside Intraday Target 57.34

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
11 Fri Oct 2024 57.18 59.34 59.34 55.50 2.183 times
03 Thu Oct 2024 58.27 60.09 60.09 57.50 0.729 times
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

Price has moved down 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
11 Fri Oct 2024 57.18 59.45 59.65 55.50 0.376 times
30 Mon Sep 2024 59.06 61.00 62.40 58.00 0.924 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

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 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 Strong 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 57.96 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 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 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 Strong 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 57.96 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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