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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 2021-12-29 View latest technical analysis

10 day averaged volume of Fortis is 204440

Date Daily Closing Price Open High Low Volume
29 Wed Dec 2021 289.60 285.00 291.75 282.35 0.592 times
28 Tue Dec 2021 282.55 282.50 283.60 277.95 0.431 times
27 Mon Dec 2021 279.50 281.40 281.85 272.05 0.465 times
24 Fri Dec 2021 273.95 281.85 282.20 269.95 0.294 times
23 Thu Dec 2021 276.65 277.50 279.70 275.55 0.175 times
22 Wed Dec 2021 277.50 283.35 283.35 275.00 0.162 times
21 Tue Dec 2021 277.70 272.00 281.80 271.80 0.476 times
20 Mon Dec 2021 268.15 272.10 279.10 265.20 6.82 times
17 Fri Dec 2021 276.45 292.70 292.70 274.40 0.316 times
16 Thu Dec 2021 289.90 290.10 292.50 286.25 0.336 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 286.1, but if it comes below 286.1, then a intra day sell could be more profitable.
If you take a sell trade below 286.1, then use 286.1 as stoploss and 279.72 as target. However if you take a buy trade in stock , then use 286.1 as stoploss and 293.7 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 225.20
Downside Target 238.10
Downside Target 255.15
Downside Target 265.20
Downside Target 282.00
Upside Target 291.75
Upside Target 292.70
Upside Target 293.70
Upside Target 293.80
Upside Target 295.45
Upside Target 302.60
Upside Target 304.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 277.18
Downside Intraday Target 264.77
Upside Intraday Target 296.88
Upside Intraday Target 304.17
Downside Intraday Target 284.47

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
29 Wed Dec 2021 289.60 281.40 291.75 272.05 0.188 times
24 Fri Dec 2021 273.95 272.10 283.35 265.20 4.162 times
17 Fri Dec 2021 276.45 281.00 292.70 274.40 0.573 times
10 Fri Dec 2021 280.60 288.00 288.00 267.20 0.951 times
03 Fri Dec 2021 285.15 283.00 295.45 275.00 0.425 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
29 Wed Dec 2021 289.60 281.00 293.80 265.20 0.464 times
30 Tue Nov 2021 280.90 247.00 302.60 238.10 3.251 times
29 Fri Oct 2021 244.65 263.45 282.00 242.80 0.715 times
30 Thu Sep 2021 263.45 292.50 293.70 255.15 0.438 times

Scroll below to view daily charts

Price has moved up 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 21, 21, 2 Buy
MACD 4, 4Buy
Stochastics 68None
CCI 129Buy
RSI 53Buy
OBV -1090128Sell
VWAP 272Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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.

Price action analysis of Fortis ( (Fortis) ) based on a short to mid 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.

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 BUY signal for Fortis in short term and the buy signal is strong.

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 272.46 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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