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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 2026-01-16 View latest technical analysis

10 day averaged volume of Fortis Mlr is 14019

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Jan 2026	57.72	56.55	58.50	56.55	0.763 times
14 Wed Jan 2026	57.33	57.51	58.25	57.21	0.547 times
13 Tue Jan 2026	58.01	57.29	58.89	57.00	0.844 times
12 Mon Jan 2026	57.29	59.21	61.90	56.90	1.744 times
09 Fri Jan 2026	59.24	58.95	63.00	58.45	2.668 times
08 Thu Jan 2026	58.91	59.80	60.00	58.00	0.477 times
07 Wed Jan 2026	59.80	59.50	60.00	58.56	0.613 times
06 Tue Jan 2026	58.87	58.20	60.00	58.20	0.688 times
05 Mon Jan 2026	59.12	61.00	61.00	59.00	0.658 times
02 Fri Jan 2026	60.08	59.45	60.63	58.31	1.27 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.8, but if it comes above 57.8, then a intra day buy could be more profitable.
If you take a sell trade below 57.8, then use 57.8 as stoploss and 56.4 as target. However if you take a buy trade in stock , then use 57.8 as stoploss and 59 as target.

Share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Target	56.26
Upside Target	58.00
Upside Target	61.19
Upside Target	63.00
Upside Target	64.00
Upside Target	65.00
Upside Target	67.74
Upside Target	69.38
Upside Target	76.00

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Intraday Target	55.55
Downside Intraday Target	53.37
Upside Intraday Target	60.9
Upside Intraday Target	64.07
Upside Intraday Target	58.72

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Jan 2026	57.72	59.21	61.90	56.55	0.764 times
09 Fri Jan 2026	59.24	61.00	63.00	58.00	0.862 times
02 Fri Jan 2026	60.08	59.40	61.19	56.26	1.507 times
26 Fri Dec 2025	59.86	59.15	62.49	59.15	1.261 times
19 Fri Dec 2025	60.36	61.01	62.70	59.10	0.783 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
16 Fri Jan 2026	57.72	59.40	63.00	56.55	0.586 times
31 Wed Dec 2025	58.54	63.05	65.00	56.26	1.259 times
28 Fri Nov 2025	63.73	66.99	67.74	62.20	0.342 times
31 Fri Oct 2025	66.65	64.00	76.00	64.00	1.575 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 to mid 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 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 gaining momentum.

MACD generated a SELL signal for Fortis Mlr in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Fortis Mlr in short term and SELL signal is strong!

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 58.68 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.