(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 2021-10-12 View latest technical analysis
10 day averaged volume of Fortis is 109029
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Tue Oct 2021||262.85||270.00||270.00||262.35||0.663 times|
|11 Mon Oct 2021||267.95||271.60||272.95||266.25||0.636 times|
|08 Fri Oct 2021||271.25||275.00||277.30||270.65||0.741 times|
|07 Thu Oct 2021||274.30||279.90||281.50||273.10||0.84 times|
|06 Wed Oct 2021||278.80||274.60||281.60||273.70||1.098 times|
|05 Tue Oct 2021||275.35||280.00||280.00||274.85||0.99 times|
|04 Mon Oct 2021||280.25||266.90||282.00||265.55||1.362 times|
|01 Fri Oct 2021||265.60||263.45||267.00||261.05||0.698 times|
|30 Thu Sep 2021||263.45||262.05||269.50||262.05||1.306 times|
|29 Wed Sep 2021||263.30||261.05||268.40||260.45||1.195 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 263.6, but if it comes above 263.6, then a intra day buy could be more profitable.
If you take a sell trade below 263.6, then use 263.6 as stoploss and 257 as target. However if you take a buy trade in stock , then use 263.6 as stoploss and 269.07 as target.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||259.15|
|Downside Intraday Target||255.45|
|Upside Intraday Target||269.75|
|Upside Intraday Target||276.65|
|Upside Intraday Target||266.05|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Tue Oct 2021||262.85||271.60||272.95||262.35||0.258 times|
|08 Fri Oct 2021||271.25||266.90||282.00||265.55||0.78 times|
|01 Fri Oct 2021||265.60||271.20||275.70||260.45||0.966 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|
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|
|12 Tue Oct 2021||262.85||263.45||282.00||261.05||0.248 times|
|30 Thu Sep 2021||263.45||292.50||293.70||255.15||0.438 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|
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, 23, 16||Sell|
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 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 to mid 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 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 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Fortis is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 270.82 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. 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 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.