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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 2025-02-06 View latest technical analysis

10 day averaged volume of Fortis Mlr is 13903

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	59.82	60.20	60.20	59.00	0.591 times
05 Wed Feb 2025	59.24	60.30	60.30	59.05	0.834 times
04 Tue Feb 2025	59.25	60.99	61.35	58.00	1.141 times
03 Mon Feb 2025	59.59	60.20	60.50	59.00	1.05 times
31 Fri Jan 2025	60.01	60.80	60.80	59.21	0.861 times
30 Thu Jan 2025	58.63	59.00	60.60	57.80	1.105 times
29 Wed Jan 2025	58.07	57.94	58.51	56.39	1.106 times
28 Tue Jan 2025	56.42	57.08	58.35	55.15	0.98 times
27 Mon Jan 2025	57.08	59.30	59.30	56.76	0.896 times
24 Fri Jan 2025	57.93	58.00	58.95	57.50	0.743 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.5, but if it comes below 59.5, then a intra day sell could be more profitable.
If you take a sell trade below 59.5, then use 59.5 as stoploss and 58.55 as target. However if you take a buy trade in stock , then use 59.5 as stoploss and 60.5 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Target	51.01
Downside Target	55.15
Downside Target	59.65
Upside Target	60.80
Upside Target	61.35
Upside Target	61.50
Upside Target	62.25
Upside Target	62.80
Upside Target	65.00

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Intraday Target	58.1
Downside Intraday Target	56.37
Upside Intraday Target	61.45
Upside Intraday Target	63.07
Downside Intraday Target	59.72

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	59.82	60.20	61.35	58.00	0.731 times
31 Fri Jan 2025	60.01	59.30	60.80	55.15	0.798 times
24 Fri Jan 2025	57.93	62.80	62.80	57.00	0.855 times
17 Fri Jan 2025	59.38	59.99	61.50	56.00	0.626 times
10 Fri Jan 2025	58.63	61.70	62.25	57.40	1.729 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
06 Thu Feb 2025	59.82	60.20	61.35	58.00	0.105 times
31 Fri Jan 2025	60.01	61.30	62.80	55.15	0.77 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

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)

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 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.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid 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 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 gaining momentum.

MACD generated a BUY signal for Fortis Mlr in short term and the buy signal is strong.

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 in or above the red 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 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 58.57 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 negative.

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