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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 33018

Date Daily Closing Price Open High Low Volume
09 Fri Dec 2022 286.15 282.55 288.55 282.25 1.077 times
08 Thu Dec 2022 282.70 286.95 287.85 281.30 0.849 times
07 Wed Dec 2022 286.95 290.05 292.35 286.15 0.975 times
06 Tue Dec 2022 291.45 287.65 293.45 285.50 1.636 times
05 Mon Dec 2022 288.00 288.70 291.80 286.40 1.3 times
02 Fri Dec 2022 288.55 291.10 292.45 288.20 0.947 times
01 Thu Dec 2022 291.05 290.25 295.00 288.00 0.943 times
30 Wed Nov 2022 290.25 294.25 295.45 286.05 1.248 times
29 Tue Nov 2022 294.25 293.10 294.90 292.25 0.623 times
28 Mon Nov 2022 292.40 287.00 294.55 285.10 0.825 times

My analysis of stock is bearish for shortterm, and stock might move down till 282.2 or till 274.1. Use a stoploss of 288.93 and if the stock hits stoploss, then it can shoot up till 295.65

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 250.40
Downside Target 259.25
Downside Target 272.80
Upside Target 292.20
Upside Target 293.45
Upside Target 295.00
Upside Target 295.45
Upside Target 304.75
Upside Target 313.75
Upside Target 324.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 280.48
Downside Intraday Target 274.82
Upside Intraday Target 292.63
Upside Intraday Target 299.12
Upside Intraday Target 286.97

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
09 Fri Dec 2022 286.15 288.70 293.45 281.30 1.273 times
02 Fri Dec 2022 288.55 287.00 295.45 285.10 0.782 times
25 Fri Nov 2022 287.10 285.00 290.65 275.15 0.177 times
18 Fri Nov 2022 286.25 285.00 313.75 277.35 6.277 times
11 Fri Nov 2022 282.70 282.00 292.20 274.80 0.982 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
09 Fri Dec 2022 286.15 290.25 295.00 281.30 0.152 times
30 Wed Nov 2022 290.25 275.00 313.75 272.80 0.696 times
31 Mon Oct 2022 277.20 264.20 286.40 259.25 0.592 times
30 Fri Sep 2022 264.10 288.55 324.80 250.40 2.724 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 19, 20, 4 Sell
MACD 3, 4Sell
Stochastics 34None
CCI -117Buy
RSI 54Buy
OBV 327676Sell
VWAP 289Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) 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 ( (Fortis) ) 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 ( (Fortis) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortis ( (Fortis) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Fortis in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 289.14 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.

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Daily charts

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Daily chart

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