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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 2021-09-16 View latest technical analysis

10 day averaged volume of Fortis is 144396

Date Daily Closing Price Open High Low Volume
16 Thu Sep 2021 273.20 274.90 278.15 271.40 1.16 times
15 Wed Sep 2021 273.90 278.30 279.05 273.05 0.48 times
14 Tue Sep 2021 277.25 274.00 280.10 273.00 0.639 times
13 Mon Sep 2021 272.25 277.10 278.70 271.60 0.601 times
09 Thu Sep 2021 277.10 281.90 285.50 276.00 0.777 times
08 Wed Sep 2021 280.30 277.50 283.20 274.30 1.168 times
07 Tue Sep 2021 275.45 283.25 284.65 274.40 0.865 times
06 Mon Sep 2021 283.00 289.00 292.60 282.30 0.893 times
03 Fri Sep 2021 287.15 279.90 288.80 279.00 2.139 times
02 Thu Sep 2021 277.70 283.00 287.40 276.50 1.252 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 273.5, but if it comes above 273.5, then a intra day buy could be more profitable.
If you take a sell trade below 273.5, then use 273.5 as stoploss and 265.9 as target. However if you take a buy trade in stock , then use 273.5 as stoploss and 279.77 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 213.25
Downside Target 223.55
Downside Target 231.00
Downside Target 240.65
Downside Target 247.70
Downside Target 259.65
Downside Target 269.50
Upside Target 285.70
Upside Target 292.60
Upside Target 293.70
Upside Target 297.00
Upside Target 304.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 269.7
Downside Intraday Target 266.2
Upside Intraday Target 278.4
Upside Intraday Target 283.6
Upside Intraday Target 274.9

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
16 Thu Sep 2021 273.20 277.10 280.10 271.40 0.778 times
09 Thu Sep 2021 277.10 289.00 292.60 274.30 0.296 times
03 Fri Sep 2021 287.15 297.00 304.00 276.50 0.898 times
27 Fri Aug 2021 294.50 288.35 297.00 269.50 0.726 times
20 Fri Aug 2021 277.65 246.30 285.70 240.65 3.879 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
16 Thu Sep 2021 273.20 292.50 293.70 271.40 0.228 times
31 Tue Aug 2021 290.55 253.00 304.00 225.20 1.906 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

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 18, 15, 9 Buy
MACD 11, 14Sell
Stochastics 14Sell
CCI -98Sell
RSI 58Buy
OBV 2959358Sell
VWAP 279Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short 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 short 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 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 BUY. 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 SELL signal for Fortis in short term and SELL signal is strong!

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

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 279.2 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.

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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