(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 2024-03-07 View latest technical analysis
10 day averaged volume of Fortis Mlr is 16655
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 53.04 | 52.45 | 54.16 | 52.05 | 2.747 times |
| 06 Wed Mar 2024 | 52.67 | 52.01 | 53.70 | 52.01 | 1.477 times |
| 05 Tue Mar 2024 | 53.69 | 53.89 | 55.90 | 53.30 | 2.373 times |
| 04 Mon Mar 2024 | 54.99 | 54.00 | 57.50 | 54.00 | 0.291 times |
| 02 Sat Mar 2024 | 54.77 | 57.70 | 57.70 | 53.53 | 0.099 times |
| 01 Fri Mar 2024 | 55.53 | 53.79 | 55.95 | 52.30 | 1.256 times |
| 29 Thu Feb 2024 | 52.69 | 53.40 | 53.95 | 51.00 | 1.813 times |
| 28 Wed Feb 2024 | 53.33 | 54.95 | 54.95 | 52.25 | 0.853 times |
| 27 Tue Feb 2024 | 54.53 | 54.00 | 54.90 | 53.00 | 0.552 times |
| 26 Mon Feb 2024 | 54.39 | 55.00 | 55.80 | 53.50 | 0.532 times |
Stock of Fortis Mlr (FortisMlr) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.3, but if it comes above 53.3, then a intra day buy could be more profitable.
If you take a sell trade below 53.3, then use 53.3 as stoploss and 52.1 as target. However if you take a buy trade in stock , then use 53.3 as stoploss and 54.24 as target.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 51.00 |
| Upside Target | 55.50 |
| Upside Target | 57.50 |
| Upside Target | 57.70 |
| 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 | 50.87 |
| Downside Intraday Target | 48.69 |
| Upside Intraday Target | 56.36 |
| Upside Intraday Target | 59.67 |
| Upside Intraday Target | 54.18 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 53.04 | 54.00 | 57.50 | 52.01 | 1.349 times |
| 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 |
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 |
| 07 Thu Mar 2024 | 53.04 | 53.79 | 57.70 | 52.01 | 0.195 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 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 neutral. A longer time frame might give a better analysis.
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.
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 moving up
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 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 53.54 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 neutral. A longer time frame might give a better analysis.
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.
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 moving up
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 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 53.54 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.
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