(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 339403
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Thu Sep 2022||261.70||262.00||266.00||259.00||0.251 times|
|28 Wed Sep 2022||258.05||260.00||261.00||255.05||0.138 times|
|27 Tue Sep 2022||258.90||259.10||263.00||257.00||0.242 times|
|26 Mon Sep 2022||258.00||259.50||265.00||256.45||0.526 times|
|23 Fri Sep 2022||262.30||265.95||267.75||251.40||1.357 times|
|22 Thu Sep 2022||265.30||317.00||323.10||250.40||4.347 times|
|21 Wed Sep 2022||311.20||315.00||316.55||307.40||0.281 times|
|20 Tue Sep 2022||315.05||320.40||324.70||312.60||0.284 times|
|19 Mon Sep 2022||320.65||294.20||324.80||292.00||2.286 times|
|16 Fri Sep 2022||297.00||307.90||307.90||295.25||0.223 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 267.3, but if it comes above 267.3, then a intra day buy could be more profitable.
If you take a sell trade below 267.3, then use 267.3 as stoploss and 243.8 as target. However if you take a buy trade in stock , then use 267.3 as stoploss and 286.96 as target.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||255.83|
|Downside Intraday Target||249.97|
|Upside Intraday Target||266.78|
|Upside Intraday Target||271.87|
|Downside Intraday Target||260.92|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Thu Sep 2022||261.70||259.50||266.00||255.05||0.135 times|
|23 Fri Sep 2022||262.30||294.20||324.80||250.40||5.507 times|
|16 Fri Sep 2022||297.00||285.15||315.80||285.05||4.174 times|
|09 Fri Sep 2022||288.00||289.30||294.50||285.05||0.884 times|
|02 Fri Sep 2022||291.55||280.05||298.75||280.05||0.43 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|
|29 Thu Sep 2022||261.70||288.55||324.80||250.40||2.675 times|
|30 Tue Aug 2022||294.45||280.00||304.75||261.00||1.523 times|
|29 Fri Jul 2022||278.35||236.60||281.45||232.40||1.129 times|
|30 Thu Jun 2022||239.90||239.00||246.50||219.80||0.561 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Fortis (Fortis)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||16, 30, 30||Sell|
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
Fortis 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 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 280.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.