Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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, -13Buy
Stochastics 39None
CCI -86Sell
RSI 53Buy
OBV -1151485Sell
VWAP 240Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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.

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme