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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)

Showing technical analysis as on 2025-01-08 View latest technical analysis

10 day averaged volume of Fortis Mlr is 22189

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	61.41	61.59	62.25	60.30	1.616 times
07 Tue Jan 2025	60.18	61.45	61.89	57.40	1.66 times
06 Mon Jan 2025	60.70	61.70	61.70	59.65	1.792 times
03 Fri Jan 2025	61.19	61.75	61.75	59.40	0.878 times
02 Thu Jan 2025	60.71	62.10	62.40	59.00	0.911 times
01 Wed Jan 2025	61.64	61.30	62.50	60.44	0.911 times
31 Tue Dec 2024	60.42	60.45	61.00	59.00	0.804 times
30 Mon Dec 2024	59.54	61.90	61.90	59.10	0.695 times
27 Fri Dec 2024	61.33	62.43	62.43	59.00	1.025 times
26 Thu Dec 2024	60.90	62.90	62.90	60.01	0.64 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61.9 as stoploss in an intra day sell trade for a target of 60.77. However, stock will show a bullish move above 61.9.

Share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Target	51.01
Downside Target	55.15
Downside Target	57.40
Downside Target	61.10
Upside Target	62.25
Upside Target	62.40
Upside Target	62.50
Upside Target	62.90
Upside Target	64.95
Upside Target	65.00

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Intraday Target	58.46
Downside Intraday Target	55.5
Upside Intraday Target	63.31
Upside Intraday Target	65.2
Downside Intraday Target	60.35

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	61.41	61.70	62.25	57.40	1.207 times
03 Fri Jan 2025	61.19	61.90	62.50	59.00	1.472 times
27 Fri Dec 2024	61.33	59.08	62.90	58.11	0.632 times
20 Fri Dec 2024	59.08	62.10	62.40	55.15	0.992 times
13 Fri Dec 2024	62.05	64.75	64.95	61.10	0.313 times

Price has moved up 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 Wed Jan 2025	61.41	61.30	62.50	57.40	0.278 times
31 Tue Dec 2024	60.42	55.44	65.00	55.15	1.509 times
29 Fri Nov 2024	54.87	56.00	56.00	51.45	0.701 times
31 Thu Oct 2024	54.35	59.45	59.65	51.01	1.052 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Fortis Mlr in short term but the sell 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 green color and prices are above the green cloud Prices appear to be moving up

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 60.82 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.