(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 40048
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 241.05 | 239.95 | 242.95 | 235.70 | 0.642 times |
| 19 Thu May 2022 | 234.75 | 237.25 | 237.40 | 232.80 | 0.659 times |
| 18 Wed May 2022 | 240.30 | 242.50 | 243.60 | 239.65 | 0.517 times |
| 17 Tue May 2022 | 240.90 | 236.25 | 242.70 | 235.45 | 0.842 times |
| 16 Mon May 2022 | 236.45 | 231.40 | 243.95 | 231.40 | 0.884 times |
| 13 Fri May 2022 | 236.15 | 242.05 | 244.45 | 235.00 | 0.645 times |
| 12 Thu May 2022 | 237.60 | 240.90 | 243.55 | 233.45 | 1.743 times |
| 11 Wed May 2022 | 242.40 | 247.95 | 249.70 | 239.70 | 1.245 times |
| 10 Tue May 2022 | 242.25 | 249.70 | 252.00 | 236.60 | 1.6 times |
| 09 Mon May 2022 | 246.00 | 255.00 | 255.00 | 244.60 | 0.617 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 238.3 as stoploss in an intra day buy trade for a target of 252.57. However, stock will show a bearish move below 238.3.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 229.95 |
| Upside Target | 243.35 |
| Upside Target | 255.00 |
| Upside Target | 260.65 |
| Upside Target | 269.00 |
| Upside Target | 277.95 |
| Upside Target | 280.50 |
| Upside Target | 280.80 |
| Upside Target | 290.00 |
| Upside Target | 292.80 |
| Upside Target | 313.80 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 233.65 |
| Downside Intraday Target | 226.25 |
| Upside Intraday Target | 246.2 |
| Upside Intraday Target | 251.35 |
| Downside Intraday Target | 238.8 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 241.05 | 231.40 | 243.95 | 231.40 | 0.606 times |
| 13 Fri May 2022 | 236.15 | 255.00 | 255.00 | 233.45 | 0.241 times |
| 06 Fri May 2022 | 250.70 | 260.05 | 269.00 | 247.10 | 2.14 times |
| 29 Fri Apr 2022 | 266.75 | 277.95 | 277.95 | 265.65 | 1.617 times |
| 22 Fri Apr 2022 | 273.90 | 268.00 | 280.80 | 267.35 | 1.554 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 Fri May 2022 | 241.05 | 260.05 | 269.00 | 231.40 | 1.193 times |
| 29 Fri Apr 2022 | 266.75 | 290.00 | 290.00 | 265.65 | 0.598 times |
| 31 Thu Mar 2022 | 290.40 | 248.00 | 292.80 | 243.35 | 1.111 times |
| 28 Mon Feb 2022 | 245.40 | 270.25 | 280.50 | 229.95 | 0.807 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 | 10, 28, 46 | Sell |
| MACD | -14, -13 | Sell |
| Stochastics | 28 | Sell |
| CCI | -15 | Buy |
| RSI | 55 | Buy |
| OBV | -1402931 | Sell |
| VWAP | 240 | Buy |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 239.85 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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