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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 2022-01-04 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, 8Buy
Stochastics 83Buy
CCI 122Sell
RSI 54Buy
OBV -394740Sell
VWAP 293Buy
ADL 0Sell
ROC 9Buy
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 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.

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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