(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 2021-09-24 View latest technical analysis
10 day averaged volume of Fortis is 131903
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Fri Sep 2021||271.85||272.70||273.50||269.40||0.493 times|
|23 Thu Sep 2021||270.60||267.95||273.70||266.00||0.87 times|
|22 Wed Sep 2021||265.10||268.50||269.80||263.25||1.87 times|
|21 Tue Sep 2021||266.60||262.90||267.60||255.15||1.516 times|
|20 Mon Sep 2021||259.85||264.90||266.90||258.55||0.768 times|
|17 Fri Sep 2021||267.35||274.00||275.65||266.25||0.973 times|
|16 Thu Sep 2021||273.20||274.90||278.15||271.40||1.27 times|
|15 Wed Sep 2021||273.90||278.30||279.05||273.05||0.526 times|
|14 Tue Sep 2021||277.25||274.00||280.10||273.00||0.7 times|
|13 Mon Sep 2021||272.25||277.10||278.70||271.60||0.657 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 268 as stoploss in an intra day buy trade for a target of 276.68. However, stock will show a bearish move below 268.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||260.1|
|Downside Intraday Target||248.35|
|Upside Intraday Target||278.65|
|Upside Intraday Target||285.45|
|Downside Intraday Target||266.9|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Fri Sep 2021||271.85||264.90||273.70||255.15||1.337 times|
|17 Fri Sep 2021||267.35||277.10||280.10||266.25||1.018 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|
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|
|24 Fri Sep 2021||271.85||292.50||293.70||255.15||0.349 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||16, 20, 10||Sell|
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls 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 moving up
CCI has generated a buy signal for Fortis in short term and BUY 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 268.9 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.