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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)

Showing technical analysis as on 2021-07-20 View latest technical analysis

10 day averaged volume of Fortis is 109269

Date Daily Closing Price Open High Low Volume
20 Tue Jul 2021 236.65 237.25 242.85 234.80 1.973 times
19 Mon Jul 2021 236.85 240.95 242.45 231.80 1.248 times
16 Fri Jul 2021 235.25 241.50 241.50 234.60 0.794 times
15 Thu Jul 2021 238.35 241.90 242.75 236.75 0.998 times
14 Wed Jul 2021 239.20 239.10 242.95 232.70 1.463 times
13 Tue Jul 2021 233.75 238.00 238.00 233.25 0.609 times
12 Mon Jul 2021 235.75 239.80 239.80 234.75 0.874 times
09 Fri Jul 2021 237.00 240.25 245.55 231.00 1.342 times
08 Thu Jul 2021 239.40 246.40 246.40 237.25 1.103 times
07 Wed Jul 2021 243.15 246.80 247.45 241.75 0.666 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 234.8 as stoploss in an intra day buy trade for a target of 239.45. However, stock will show a bearish move below 234.8.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 158.10
Downside Target 198.05
Downside Target 213.25
Downside Target 223.55
Upside Target 242.00
Upside Target 242.85
Upside Target 242.95
Upside Target 245.50
Upside Target 247.70
Upside Target 251.45
Upside Target 253.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 231.35
Downside Intraday Target 226.05
Upside Intraday Target 242.4
Upside Intraday Target 248.15
Upside Intraday Target 237.1

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
20 Tue Jul 2021 236.65 240.95 242.85 231.80 0.68 times
16 Fri Jul 2021 235.25 239.80 242.95 232.70 0.858 times
09 Fri Jul 2021 237.00 249.20 251.45 231.00 0.419 times
02 Fri Jul 2021 249.00 244.00 253.80 236.20 1.527 times
25 Fri Jun 2021 240.95 226.05 245.50 226.05 0.966 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 (Fortis)

Date Monthly Closing Price Open High Low Volume
20 Tue Jul 2021 236.65 244.00 253.80 231.00 0.266 times
30 Wed Jun 2021 243.45 228.05 247.70 223.55 1.598 times
31 Mon May 2021 227.60 214.95 242.00 213.25 1.32 times
30 Fri Apr 2021 210.55 202.00 227.20 198.05 0.418 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 11, 15, 15 Sell
MACD 4, 5Sell
Stochastics 29Sell
CCI -13Buy
RSI 65Buy
OBV 664281Sell
VWAP 238Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 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 weakening, and bulls are picking up momentum!

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 buy signal for Fortis in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Fortis is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 237.54 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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