(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 2024-11-18 View latest technical analysis
10 day averaged volume of Fortis Mlr is 25534
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 53.06 | 53.25 | 53.35 | 52.00 | 0.554 times |
| 14 Thu Nov 2024 | 52.46 | 53.25 | 53.80 | 52.11 | 0.536 times |
| 13 Wed Nov 2024 | 52.19 | 54.10 | 54.10 | 51.45 | 0.881 times |
| 12 Tue Nov 2024 | 53.99 | 54.50 | 54.50 | 53.53 | 0.502 times |
| 11 Mon Nov 2024 | 53.68 | 52.55 | 54.50 | 52.55 | 0.729 times |
| 08 Fri Nov 2024 | 53.59 | 55.50 | 55.50 | 52.99 | 1.35 times |
| 07 Thu Nov 2024 | 54.74 | 54.80 | 54.80 | 53.33 | 0.866 times |
| 06 Wed Nov 2024 | 53.14 | 54.15 | 54.15 | 52.40 | 1.875 times |
| 05 Tue Nov 2024 | 53.71 | 55.15 | 55.15 | 53.00 | 1.094 times |
| 04 Mon Nov 2024 | 54.10 | 53.20 | 55.90 | 53.20 | 1.404 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 52.6 as stoploss in an intra day buy trade for a target of 53.7. However, stock will show a bearish move below 52.6.
Share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Target | 51.01 |
| Upside Target | 54.50 |
| Upside Target | 55.90 |
| Upside Target | 57.90 |
| Upside Target | 58.00 |
| Upside Target | 59.05 |
| Upside Target | 59.65 |
| Upside Target | 60.51 |
| Upside Target | 62.40 |
| Upside Target | 67.00 |
| Upside Target | 67.70 |
Intraday share price targets for Fortis Mlr (FortisMlr)
| Target Type | Value |
| Downside Intraday Target | 52.26 |
| Downside Intraday Target | 51.45 |
| Upside Intraday Target | 53.61 |
| Upside Intraday Target | 54.15 |
| Downside Intraday Target | 52.8 |
Weekly technical analysis of Fortis Mlr (FortisMlr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 53.06 | 53.25 | 53.35 | 52.00 | 0.209 times |
| 14 Thu Nov 2024 | 52.46 | 52.55 | 54.50 | 51.45 | 0.402 times |
| 08 Fri Nov 2024 | 53.59 | 53.20 | 55.90 | 52.40 | 1.037 times |
| 01 Fri Nov 2024 | 55.84 | 55.97 | 56.00 | 51.27 | 1.628 times |
| 25 Fri Oct 2024 | 51.99 | 56.15 | 57.90 | 51.01 | 0.746 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 |
| 18 Mon Nov 2024 | 53.06 | 56.00 | 56.00 | 51.45 | 0.46 times |
| 31 Thu Oct 2024 | 54.35 | 59.45 | 59.65 | 51.01 | 1.052 times |
| 30 Mon Sep 2024 | 59.06 | 61.00 | 62.40 | 58.00 | 0.924 times |
| 30 Fri Aug 2024 | 61.49 | 64.90 | 67.00 | 59.05 | 0.737 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short 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.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.5 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short 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.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.5 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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