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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)

10 day averaged volume of Fortis Mlr is 2819

Date Daily Closing Price Open High Low Volume
24 Fri Sep 2021 64.90 65.20 67.45 64.35 0.837 times
23 Thu Sep 2021 65.15 64.00 66.45 64.00 0.962 times
22 Wed Sep 2021 65.00 65.80 66.00 63.20 0.628 times
21 Tue Sep 2021 65.65 63.80 66.90 63.80 0.236 times
20 Mon Sep 2021 65.40 66.15 67.40 65.10 1.005 times
17 Fri Sep 2021 66.15 67.95 67.95 65.40 1.223 times
16 Thu Sep 2021 67.35 66.40 68.80 65.05 0.659 times
15 Wed Sep 2021 67.75 67.05 69.00 67.05 0.811 times
14 Tue Sep 2021 68.40 70.80 70.80 68.15 2.289 times
13 Mon Sep 2021 67.90 68.00 68.95 67.10 0.995 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.9, but if it comes above 65.9, then a intra day buy could be more profitable.
If you take a sell trade below 65.9, then use 65.9 as stoploss and 63.4 as target. However if you take a buy trade in stock , then use 65.9 as stoploss and 67.97 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 58.45
Downside Target 60.20
Downside Target 62.25
Upside Target 65.05
Upside Target 67.00
Upside Target 70.00
Upside Target 71.00
Upside Target 71.40
Upside Target 72.00
Upside Target 73.00
Upside Target 74.00
Upside Target 76.00

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 62.92
Downside Intraday Target 60.93
Upside Intraday Target 67.17
Upside Intraday Target 69.43
Upside Intraday Target 65.18

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
24 Fri Sep 2021 64.90 66.15 67.45 63.20 0.613 times
17 Fri Sep 2021 66.15 68.00 70.80 65.05 1.002 times
09 Thu Sep 2021 68.30 70.90 71.40 63.65 0.198 times
03 Fri Sep 2021 69.50 72.90 74.00 67.00 1.079 times
27 Fri Aug 2021 73.10 73.80 76.00 63.35 0.662 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
24 Fri Sep 2021 64.90 73.00 73.00 63.20 0.191 times
31 Tue Aug 2021 69.70 66.50 76.00 58.45 2.171 times
30 Fri Jul 2021 65.10 66.00 71.00 62.25 0.832 times
30 Wed Jun 2021 65.65 65.25 70.00 63.30 0.437 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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 18, 16 Sell
MACD -0, 0Sell
Stochastics 23Sell
CCI -56Buy
RSI 59Buy
OBV -23578Sell
VWAP 67Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Fortis Mlr in short term but BUY signal is weak.

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 66.71 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 positive

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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