(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 2024-11-08 View latest technical analysis
10 day averaged volume of Fortis Mlr is 31420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 53.59 | 55.50 | 55.50 | 52.99 | 1.097 times |
| 07 Thu Nov 2024 | 54.74 | 54.80 | 54.80 | 53.33 | 0.704 times |
| 06 Wed Nov 2024 | 53.14 | 54.15 | 54.15 | 52.40 | 1.524 times |
| 05 Tue Nov 2024 | 53.71 | 55.15 | 55.15 | 53.00 | 0.889 times |
| 04 Mon Nov 2024 | 54.10 | 53.20 | 55.90 | 53.20 | 1.141 times |
| 01 Fri Nov 2024 | 55.84 | 56.00 | 56.00 | 55.00 | 0.621 times |
| 31 Thu Oct 2024 | 54.35 | 53.14 | 54.70 | 53.14 | 0.635 times |
| 30 Wed Oct 2024 | 53.14 | 53.30 | 54.90 | 52.52 | 1.599 times |
| 29 Tue Oct 2024 | 54.59 | 53.21 | 54.77 | 52.17 | 1.273 times |
| 28 Mon Oct 2024 | 52.17 | 55.97 | 55.97 | 51.27 | 1.035 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 53.1 as stoploss in an intra day buy trade for a target of 54.46. However, stock will show a bearish move below 53.1.
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 | 52.03 |
| Downside Intraday Target | 50.46 |
| Upside Intraday Target | 55.53 |
| Upside Intraday Target | 57.46 |
| Upside Intraday Target | 53.96 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 53.59 | 53.20 | 55.90 | 52.40 | 1.037 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 |
| 08 Fri Nov 2024 | 53.59 | 56.00 | 56.00 | 52.40 | 0.321 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears 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 SELL signal for Fortis Mlr in short term but SELL signal is weak.
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 53.76 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears 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 SELL signal for Fortis Mlr in short term but SELL signal is weak.
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 53.76 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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