(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)
Intraday share price targets for Fortis (Fortis)
|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|
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!
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