(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 2024-10-16 View latest technical analysis
10 day averaged volume of Fortis Mlr is 30847
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 55.94 | 57.00 | 57.00 | 55.50 | 0.902 times |
| 15 Tue Oct 2024 | 56.41 | 56.21 | 57.65 | 55.90 | 1.134 times |
| 14 Mon Oct 2024 | 56.88 | 58.19 | 58.19 | 56.11 | 0.817 times |
| 11 Fri Oct 2024 | 57.18 | 58.00 | 58.00 | 56.81 | 0.861 times |
| 10 Thu Oct 2024 | 57.16 | 57.55 | 58.20 | 56.90 | 0.786 times |
| 09 Wed Oct 2024 | 57.32 | 59.05 | 59.05 | 57.00 | 1.186 times |
| 08 Tue Oct 2024 | 58.28 | 58.96 | 58.96 | 55.50 | 0.946 times |
| 07 Mon Oct 2024 | 56.82 | 59.34 | 59.34 | 56.51 | 1.741 times |
| 03 Thu Oct 2024 | 58.27 | 57.50 | 59.15 | 57.50 | 0.71 times |
| 01 Tue Oct 2024 | 58.80 | 59.45 | 59.65 | 58.30 | 0.563 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.6, for a target of 57.1 or 58.46
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 55.00 |
| Upside Target | 57.50 |
| Upside Target | 59.65 |
| Upside Target | 60.09 |
| Upside Target | 60.51 |
| Upside Target | 60.98 |
| Upside Target | 61.50 |
| 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 | 54.9 |
| Downside Intraday Target | 53.85 |
| Upside Intraday Target | 57.59 |
| Upside Intraday Target | 59.23 |
| Upside Intraday Target | 56.54 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 55.94 | 58.19 | 58.19 | 55.50 | 0.517 times |
| 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 |
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 Wed Oct 2024 | 55.94 | 59.45 | 59.65 | 55.50 | 0.534 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 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 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 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 but buying is losing 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 57.18 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 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 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 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 but buying is losing 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 57.18 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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