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(Fortis) Fortis complete technical analysis [charts+indicators] | Buy/Sell Fortis | (Fortis) share price targets

Complete technical analysis of Fortis (Fortis) by charts plus indicators, forecast predictions and share price targets for Fortis (Fortis)

10 day averaged volume of Fortis is 104901

Date Daily Closing Price Open High Low Volume
20 Thu Jan 2022 280.30 286.85 290.15 279.75 0.996 times
19 Wed Jan 2022 286.85 291.00 291.00 284.20 0.452 times
18 Tue Jan 2022 288.80 289.35 294.75 285.60 0.842 times
17 Mon Jan 2022 289.35 286.75 289.90 282.55 0.421 times
14 Fri Jan 2022 286.15 292.00 292.00 283.20 0.64 times
13 Thu Jan 2022 287.55 297.00 297.00 286.55 0.875 times
12 Wed Jan 2022 293.35 288.00 295.25 286.70 1.266 times
11 Tue Jan 2022 286.05 287.40 289.00 282.15 1.146 times
10 Mon Jan 2022 289.20 286.70 291.35 286.00 0.699 times
07 Fri Jan 2022 286.70 288.00 296.50 286.10 1.223 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 281.4, but if it comes above 281.4, then a intra day buy could be more profitable.
If you take a sell trade below 281.4, then use 281.4 as stoploss and 272 as target. However if you take a buy trade in stock , then use 281.4 as stoploss and 289.21 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 238.10
Downside Target 255.15
Downside Target 265.20
Downside Target 272.05
Downside Target 279.75
Upside Target 293.70
Upside Target 294.75
Upside Target 297.00
Upside Target 302.60
Upside Target 308.00
Upside Target 313.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 275.12
Downside Intraday Target 269.93
Upside Intraday Target 290.12
Upside Intraday Target 299.93
Upside Intraday Target 284.93

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
20 Thu Jan 2022 280.30 286.75 294.75 279.75 0.586 times
14 Fri Jan 2022 286.15 286.70 297.00 282.15 0.633 times
07 Fri Jan 2022 286.70 301.00 313.80 283.35 1.02 times
31 Fri Dec 2021 297.25 281.40 308.00 272.05 0.464 times
24 Fri Dec 2021 273.95 272.10 283.35 265.20 4.162 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 (Fortis)

Date Monthly Closing Price Open High Low Volume
20 Thu Jan 2022 280.30 301.00 313.80 279.75 0.407 times
31 Fri Dec 2021 297.25 281.00 308.00 265.20 0.526 times
30 Tue Nov 2021 280.90 247.00 302.60 238.10 3.251 times
29 Fri Oct 2021 244.65 263.45 282.00 242.80 0.715 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 (Fortis)

Indicator Name Indicator Value Indicator Signal
ADX 21, 22, 2 Sell
MACD 3, 5Sell
Stochastics 22Sell
CCI -161Sell
RSI 56Buy
OBV -27231Sell
VWAP 287Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is

Price action analysis of Fortis ( (Fortis) ) 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 ( (Fortis) ) 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 ( (Fortis) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Fortis in short term but the sell signal is initial and weak.

Fortis 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis in short term and SELL 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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 287.45 and Fortis (Fortis) 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 (Fortis) stock. Volume based technical analysis of Fortis (Fortis) stock is negative.

Fortis Stock has given negative 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.

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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