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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 2022-01-03 View latest technical analysis

10 day averaged volume of Fortis is 237256

Date Daily Closing Price Open High Low Volume
03 Mon Jan 2022 309.40 301.00 311.30 299.90 0.744 times
31 Fri Dec 2021 297.25 296.20 308.00 289.30 1.258 times
30 Thu Dec 2021 291.20 289.50 294.30 288.35 0.628 times
29 Wed Dec 2021 289.60 285.00 291.75 282.35 0.51 times
28 Tue Dec 2021 282.55 282.50 283.60 277.95 0.372 times
27 Mon Dec 2021 279.50 281.40 281.85 272.05 0.401 times
24 Fri Dec 2021 273.95 281.85 282.20 269.95 0.253 times
23 Thu Dec 2021 276.65 277.50 279.70 275.55 0.151 times
22 Wed Dec 2021 277.50 283.35 283.35 275.00 0.139 times
21 Tue Dec 2021 277.70 272.00 281.80 271.80 0.41 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 303.2, for a target of 291.8 or 282.36

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 238.10
Downside Target 255.15
Downside Target 265.20
Downside Target 282.00
Downside Target 293.70
Downside Target 299.90
Downside Target 302.60
Downside Target 308.00
Upside Target 311.30

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 302.43
Downside Intraday Target 295.47
Upside Intraday Target 313.83
Upside Intraday Target 318.27
Downside Intraday Target 306.87

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
03 Mon Jan 2022 309.40 301.00 311.30 299.90 0.235 times
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

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
03 Mon Jan 2022 309.40 301.00 311.30 299.90 0.047 times
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

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 31, 14, 37 Buy
MACD 10, 6Buy
Stochastics 87Buy
CCI 166Buy
RSI 54Buy
OBV -699520Sell
VWAP 291Buy
ADL 0Sell
ROC 15Buy
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 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 290.87 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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