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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 2024-11-06 View latest technical analysis

10 day averaged volume of Fortis Mlr is 27496

Date Daily Closing Price Open High Low Volume
06 Wed Nov 2024 53.14 54.15 54.15 52.40 1.741 times
05 Tue Nov 2024 53.71 55.15 55.15 53.00 1.016 times
04 Mon Nov 2024 54.10 53.20 55.90 53.20 1.303 times
01 Fri Nov 2024 55.84 56.00 56.00 55.00 0.709 times
31 Thu Oct 2024 54.35 53.14 54.70 53.14 0.726 times
30 Wed Oct 2024 53.14 53.30 54.90 52.52 1.828 times
29 Tue Oct 2024 54.59 53.21 54.77 52.17 1.455 times
28 Mon Oct 2024 52.17 55.97 55.97 51.27 1.182 times
25 Fri Oct 2024 51.99 53.00 54.00 51.01 0.663 times
24 Thu Oct 2024 52.95 54.00 54.75 52.27 0.569 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.2, but if it comes above 53.2, then a intra day buy could be more profitable.
If you take a sell trade below 53.2, then use 53.2 as stoploss and 51.3 as target. However if you take a buy trade in stock , then use 53.2 as stoploss and 54.76 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 51.01
Downside Target 52.40
Upside Target 54.90
Upside Target 57.90
Upside Target 58.19
Upside Target 59.05
Upside Target 59.34
Upside Target 59.65
Upside Target 60.51
Upside Target 62.40
Upside Target 67.00
Upside Target 67.70

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 51.73
Downside Intraday Target 50.31
Upside Intraday Target 55.23
Upside Intraday Target 57.31
Upside Intraday Target 53.81

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
06 Wed Nov 2024 53.14 53.20 55.90 52.40 0.688 times
01 Fri Nov 2024 55.84 55.97 56.00 51.27 1.628 times
25 Fri Oct 2024 51.99 56.15 57.90 51.01 0.746 times
18 Fri Oct 2024 55.27 58.19 58.19 54.90 0.784 times
11 Fri Oct 2024 57.18 59.34 59.34 55.50 2.183 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
06 Wed Nov 2024 53.14 56.00 56.00 52.40 0.224 times
31 Thu Oct 2024 54.35 59.45 59.65 51.01 1.052 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.

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 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 53.56 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.

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 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 53.56 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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