(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 31632
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 234.55 | 237.65 | 241.85 | 233.05 | 1.002 times |
| 26 Thu May 2022 | 238.30 | 240.00 | 241.70 | 233.40 | 1.415 times |
| 25 Wed May 2022 | 241.90 | 248.75 | 248.75 | 239.40 | 0.972 times |
| 24 Tue May 2022 | 245.25 | 242.90 | 246.55 | 241.00 | 0.786 times |
| 23 Mon May 2022 | 242.25 | 247.50 | 247.50 | 239.90 | 1.521 times |
| 20 Fri May 2022 | 241.05 | 239.95 | 242.95 | 235.70 | 0.813 times |
| 19 Thu May 2022 | 234.75 | 237.25 | 237.40 | 232.80 | 0.835 times |
| 18 Wed May 2022 | 240.30 | 242.50 | 243.60 | 239.65 | 0.655 times |
| 17 Tue May 2022 | 240.90 | 236.25 | 242.70 | 235.45 | 1.066 times |
| 16 Mon May 2022 | 236.45 | 231.40 | 243.95 | 231.40 | 1.119 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 235.5, but if it comes above 235.5, then a intra day buy could be more profitable.
If you take a sell trade below 235.5, then use 235.5 as stoploss and 224.5 as target. However if you take a buy trade in stock , then use 235.5 as stoploss and 244.66 as target.
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 | 265.65 |
| Upside Target | 269.00 |
| Upside Target | 277.95 |
| Upside Target | 280.50 |
| 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 | 228.82 |
| Downside Intraday Target | 223.08 |
| Upside Intraday Target | 244.52 |
| Upside Intraday Target | 254.48 |
| Upside Intraday Target | 238.78 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 234.55 | 247.50 | 248.75 | 233.05 | 1.269 times |
| 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 |
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 |
| 27 Fri May 2022 | 234.55 | 260.05 | 269.00 | 231.40 | 1.352 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 | 12, 24, 33 | Sell |
| MACD | -13, -13 | Buy |
| Stochastics | 39 | None |
| CCI | -86 | Sell |
| RSI | 53 | Buy |
| OBV | -1151485 | Sell |
| VWAP | 240 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 gaining momentum.
MACD generated a BUY signal for Fortis in short term but the buy 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortis in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 239.53 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.
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