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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 2021-12-31 View latest technical analysis

10 day averaged volume of Fortis is 213876

Date Daily Closing Price Open High Low Volume
31 Fri Dec 2021 297.25 296.20 308.00 289.30 1.395 times
30 Thu Dec 2021 291.20 289.50 294.30 288.35 0.697 times
29 Wed Dec 2021 289.60 285.00 291.75 282.35 0.566 times
28 Tue Dec 2021 282.55 282.50 283.60 277.95 0.412 times
27 Mon Dec 2021 279.50 281.40 281.85 272.05 0.445 times
24 Fri Dec 2021 273.95 281.85 282.20 269.95 0.281 times
23 Thu Dec 2021 276.65 277.50 279.70 275.55 0.167 times
22 Wed Dec 2021 277.50 283.35 283.35 275.00 0.155 times
21 Tue Dec 2021 277.70 272.00 281.80 271.80 0.455 times
20 Mon Dec 2021 268.15 272.10 279.10 265.20 6.519 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 296.9, for a target of 287.9 or 280.44

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
Downside Target 292.70
Downside Target 293.70
Downside Target 295.45
Upside Target 302.60
Upside Target 304.00
Upside Target 308.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 276.87
Downside Intraday Target 256.48
Upside Intraday Target 312.82
Upside Intraday Target 328.38
Downside Intraday Target 292.43

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
31 Fri Dec 2021 297.25 281.40 308.00 272.05 0.464 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
31 Fri Dec 2021 297.25 281.00 308.00 265.20 0.526 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 32, 16, 33 Buy
MACD 7, 5Buy
Stochastics 84Buy
CCI 170Buy
RSI 51Buy
OBV -929375Sell
VWAP 276Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 276.14 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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