(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 2024-03-02 View latest technical analysis
10 day averaged volume of Fortis Mlr is 15623
Date | Daily Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 54.77 | 57.70 | 57.70 | 53.53 | 0.106 times |
01 Fri Mar 2024 | 55.53 | 53.79 | 55.95 | 52.30 | 1.339 times |
29 Thu Feb 2024 | 52.69 | 53.40 | 53.95 | 51.00 | 1.933 times |
28 Wed Feb 2024 | 53.33 | 54.95 | 54.95 | 52.25 | 0.909 times |
27 Tue Feb 2024 | 54.53 | 54.00 | 54.90 | 53.00 | 0.588 times |
26 Mon Feb 2024 | 54.39 | 55.00 | 55.80 | 53.50 | 0.567 times |
23 Fri Feb 2024 | 54.81 | 53.65 | 55.95 | 53.65 | 0.804 times |
22 Thu Feb 2024 | 53.83 | 54.51 | 54.60 | 53.00 | 0.616 times |
21 Wed Feb 2024 | 54.65 | 55.90 | 56.00 | 54.51 | 0.793 times |
20 Tue Feb 2024 | 55.07 | 56.00 | 56.00 | 54.50 | 0.838 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53.6 or till 52. Use a stoploss of 54.9 and if the stock hits stoploss, then it can shoot up till 56.23
Share price targets for Fortis Mlr (FortisMlr)
Target Type | Value |
Downside Target | 51.00 |
Downside Target | 52.30 |
Upside Target | 55.50 |
Upside Target | 57.70 |
Upside Target | 59.60 |
Upside Target | 60.01 |
Upside Target | 64.36 |
Upside Target | 64.99 |
Upside Target | 65.99 |
Upside Target | 86.40 |
Intraday share price targets for Fortis Mlr (FortisMlr)
Target Type | Value |
Downside Intraday Target | 51.28 |
Downside Intraday Target | 47.79 |
Upside Intraday Target | 57.98 |
Upside Intraday Target | 61.19 |
Downside Intraday Target | 54.49 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 54.77 | 55.00 | 57.70 | 51.00 | 1.167 times |
23 Fri Feb 2024 | 54.81 | 55.65 | 56.15 | 53.00 | 0.371 times |
16 Fri Feb 2024 | 54.56 | 57.40 | 57.40 | 52.64 | 0.747 times |
09 Fri Feb 2024 | 56.98 | 58.00 | 60.01 | 55.50 | 1.737 times |
02 Fri Feb 2024 | 56.96 | 59.00 | 59.60 | 56.00 | 2.396 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 |
02 Sat Mar 2024 | 54.77 | 53.79 | 57.70 | 52.30 | 0.032 times |
29 Thu Feb 2024 | 52.69 | 58.00 | 60.01 | 51.00 | 1.18 times |
31 Wed Jan 2024 | 57.86 | 58.00 | 64.99 | 57.01 | 1.127 times |
29 Fri Dec 2023 | 58.85 | 61.60 | 65.99 | 57.10 | 0.602 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 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 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 to mid 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 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 BUY. 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 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 buy signal for Fortis Mlr in short term and BUY 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
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 54.17 and Fortis Mlr (FortisMlr) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 to mid 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 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 BUY. 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 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 buy signal for Fortis Mlr in short term and BUY 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
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 54.17 and Fortis Mlr (FortisMlr) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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