(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 2021-09-29 View latest technical analysis
10 day averaged volume of Fortis is 144733
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Sep 2021 | 263.30 | 261.05 | 268.40 | 260.45 | 0.9 times |
| 28 Tue Sep 2021 | 263.50 | 270.10 | 270.90 | 261.70 | 0.854 times |
| 27 Mon Sep 2021 | 266.35 | 271.20 | 275.70 | 265.00 | 1.595 times |
| 24 Fri Sep 2021 | 271.85 | 272.70 | 273.50 | 269.40 | 0.45 times |
| 23 Thu Sep 2021 | 270.60 | 267.95 | 273.70 | 266.00 | 0.792 times |
| 22 Wed Sep 2021 | 265.10 | 268.50 | 269.80 | 263.25 | 1.704 times |
| 21 Tue Sep 2021 | 266.60 | 262.90 | 267.60 | 255.15 | 1.381 times |
| 20 Mon Sep 2021 | 259.85 | 264.90 | 266.90 | 258.55 | 0.7 times |
| 17 Fri Sep 2021 | 267.35 | 274.00 | 275.65 | 266.25 | 0.887 times |
| 16 Thu Sep 2021 | 273.20 | 274.90 | 278.15 | 271.40 | 1.158 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 265.4, but if it comes above 265.4, then a intra day buy could be more profitable.
If you take a sell trade below 265.4, then use 265.4 as stoploss and 256.6 as target. However if you take a buy trade in stock , then use 265.4 as stoploss and 272.8 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 | 242.00 |
| Downside Target | 247.70 |
| Downside Target | 255.15 |
| Upside Target | 266.25 |
| Upside Target | 273.70 |
| Upside Target | 276.50 |
| Upside Target | 280.10 |
| Upside Target | 292.60 |
| Upside Target | 293.70 |
| Upside Target | 304.00 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 257.27 |
| Downside Intraday Target | 251.23 |
| Upside Intraday Target | 272.52 |
| Upside Intraday Target | 281.73 |
| Upside Intraday Target | 266.48 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Sep 2021 | 263.30 | 271.20 | 275.70 | 260.45 | 0.666 times |
| 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 |
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 |
| 29 Wed Sep 2021 | 263.30 | 292.50 | 293.70 | 255.15 | 0.417 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 | 12, 23, 32 | Sell |
| MACD | 2, 4 | Sell |
| Stochastics | 38 | None |
| CCI | -67 | Sell |
| RSI | 58 | Buy |
| OBV | -658502 | Sell |
| VWAP | 267 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortis in short term but the sell 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 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 266.65 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.
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