(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 2021-08-26 View latest technical analysis
10 day averaged volume of Fortis is 430252
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||277.30||281.95||283.65||274.25||0.423 times|
|25 Wed Aug 2021||280.95||287.25||287.25||277.30||0.683 times|
|24 Tue Aug 2021||280.25||280.00||286.65||272.35||0.587 times|
|23 Mon Aug 2021||279.80||288.35||291.10||271.60||1.38 times|
|20 Fri Aug 2021||277.65||265.20||285.70||261.80||2.275 times|
|18 Wed Aug 2021||267.20||264.80||274.80||259.40||1.051 times|
|17 Tue Aug 2021||264.50||257.90||269.30||256.40||1.646 times|
|16 Mon Aug 2021||257.45||246.30||260.70||240.65||1.464 times|
|13 Fri Aug 2021||237.10||242.00||242.65||235.50||0.296 times|
|12 Thu Aug 2021||241.30||237.00||244.25||233.60||0.259 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 271.9, but if it comes below 271.9, then a intra day sell could be more profitable.
If you take a sell trade below 271.9, then use 271.9 as stoploss and 255.83 as target. However if you take a buy trade in stock , then use 271.9 as stoploss and 291.1 as target.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||268.9|
|Downside Intraday Target||260.5|
|Upside Intraday Target||288.4|
|Upside Intraday Target||299.5|
|Upside Intraday Target||280|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||277.30||288.35||291.10||271.60||0.477 times|
|20 Fri Aug 2021||277.65||246.30||285.70||240.65||3.879 times|
|13 Fri Aug 2021||237.10||245.10||248.45||225.20||1.637 times|
|06 Fri Aug 2021||245.20||253.00||256.05||240.15||0.341 times|
|30 Fri Jul 2021||250.70||242.90||259.65||240.05||2.108 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|
|26 Thu Aug 2021||277.30||253.00||291.10||225.20||1.412 times|
|30 Fri Jul 2021||250.70||244.00||259.65||231.00||0.454 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|
Scroll below to view daily charts
Price has moved up 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||27, 9, 48||Buy|
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 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.
Price action analysis of Fortis ( (Fortis) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Fortis in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Fortis in short term but SELL signal is weak.
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 269.99 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortis (Fortis) stock. Volume based technical analysis of Fortis (Fortis) stock is negative.
Fortis Stock is giving positive 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.