(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 2024-01-10 View latest technical analysis
10 day averaged volume of Fortis Mlr is 29508
Date | Daily Closing Price | Open | High | Low | Volume |
10 Wed Jan 2024 | 59.52 | 60.70 | 60.90 | 59.00 | 0.609 times |
09 Tue Jan 2024 | 60.19 | 60.71 | 60.71 | 59.90 | 0.929 times |
08 Mon Jan 2024 | 60.63 | 61.33 | 61.33 | 60.00 | 0.808 times |
05 Fri Jan 2024 | 60.13 | 60.95 | 61.48 | 59.90 | 1.213 times |
04 Thu Jan 2024 | 60.41 | 61.00 | 61.00 | 60.01 | 0.991 times |
03 Wed Jan 2024 | 60.02 | 60.50 | 60.50 | 59.56 | 2.341 times |
02 Tue Jan 2024 | 60.00 | 60.50 | 60.50 | 59.52 | 0.485 times |
01 Mon Jan 2024 | 59.82 | 58.00 | 60.90 | 58.00 | 1.059 times |
29 Fri Dec 2023 | 58.85 | 59.70 | 59.80 | 58.66 | 0.566 times |
28 Thu Dec 2023 | 59.70 | 58.51 | 60.50 | 58.51 | 0.367 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 59.3 as stoploss in an intra day buy trade for a target of 60.22. However, stock will show a bearish move below 59.3.
Share price targets for Fortis Mlr (FortisMlr)
Target Type | Value |
Downside Target | 54.35 |
Downside Target | 57.10 |
Upside Target | 60.25 |
Upside Target | 61.48 |
Upside Target | 62.00 |
Upside Target | 63.45 |
Upside Target | 64.36 |
Upside Target | 64.80 |
Upside Target | 65.99 |
Upside Target | 86.40 |
Upside Target | 91.33 |
Intraday share price targets for Fortis Mlr (FortisMlr)
Target Type | Value |
Downside Intraday Target | 58.57 |
Downside Intraday Target | 57.62 |
Upside Intraday Target | 60.9 |
Upside Intraday Target | 62.28 |
Upside Intraday Target | 59.95 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Wed Jan 2024 | 59.52 | 61.33 | 61.33 | 59.00 | 0.385 times |
05 Fri Jan 2024 | 60.13 | 58.00 | 61.48 | 58.00 | 2.101 times |
29 Fri Dec 2023 | 58.85 | 61.20 | 61.25 | 57.55 | 0.684 times |
22 Fri Dec 2023 | 60.70 | 61.91 | 63.45 | 57.10 | 1.15 times |
15 Fri Dec 2023 | 61.91 | 62.50 | 64.80 | 60.25 | 0.643 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 |
10 Wed Jan 2024 | 59.52 | 58.00 | 61.48 | 58.00 | 0.47 times |
29 Fri Dec 2023 | 58.85 | 61.60 | 65.99 | 57.10 | 0.602 times |
30 Thu Nov 2023 | 64.44 | 80.00 | 86.40 | 64.36 | 0.873 times |
31 Tue Oct 2023 | 79.16 | 55.22 | 91.33 | 54.35 | 9.396 times |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
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 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 60.01 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
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 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 60.01 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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