(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 2022-01-04 View latest technical analysis
10 day averaged volume of Fortis is 115471
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jan 2022 | 304.00 | 313.80 | 313.80 | 302.25 | 0.87 times |
| 03 Mon Jan 2022 | 309.40 | 301.00 | 311.30 | 299.90 | 1.529 times |
| 31 Fri Dec 2021 | 297.25 | 296.20 | 308.00 | 289.30 | 2.584 times |
| 30 Thu Dec 2021 | 291.20 | 289.50 | 294.30 | 288.35 | 1.291 times |
| 29 Wed Dec 2021 | 289.60 | 285.00 | 291.75 | 282.35 | 1.048 times |
| 28 Tue Dec 2021 | 282.55 | 282.50 | 283.60 | 277.95 | 0.764 times |
| 27 Mon Dec 2021 | 279.50 | 281.40 | 281.85 | 272.05 | 0.824 times |
| 24 Fri Dec 2021 | 273.95 | 281.85 | 282.20 | 269.95 | 0.521 times |
| 23 Thu Dec 2021 | 276.65 | 277.50 | 279.70 | 275.55 | 0.31 times |
| 22 Wed Dec 2021 | 277.50 | 283.35 | 283.35 | 275.00 | 0.287 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 306.7, for a target of 294.2 or 283.89
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 |
| Upside Target | 308.00 |
| Upside Target | 313.80 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 298 |
| Downside Intraday Target | 292 |
| Upside Intraday Target | 311.9 |
| Upside Intraday Target | 319.8 |
| Upside Intraday Target | 305.9 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jan 2022 | 304.00 | 301.00 | 313.80 | 299.90 | 0.368 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 |
| 04 Tue Jan 2022 | 304.00 | 301.00 | 313.80 | 299.90 | 0.073 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 | 30, 13, 40 | Buy |
| MACD | 12, 8 | Buy |
| Stochastics | 83 | Buy |
| CCI | 122 | Sell |
| RSI | 54 | Buy |
| OBV | -394740 | Sell |
| VWAP | 293 | Buy |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 293.12 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.
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