(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 2022-01-05 View latest technical analysis
10 day averaged volume of Fortis is 115778
Date | Daily Closing Price | Open | High | Low | Volume |
05 Wed Jan 2022 | 293.90 | 304.40 | 304.40 | 292.50 | 0.92 times |
04 Tue Jan 2022 | 304.00 | 313.80 | 313.80 | 302.25 | 0.868 times |
03 Mon Jan 2022 | 309.40 | 301.00 | 311.30 | 299.90 | 1.524 times |
31 Fri Dec 2021 | 297.25 | 296.20 | 308.00 | 289.30 | 2.577 times |
30 Thu Dec 2021 | 291.20 | 289.50 | 294.30 | 288.35 | 1.287 times |
29 Wed Dec 2021 | 289.60 | 285.00 | 291.75 | 282.35 | 1.045 times |
28 Tue Dec 2021 | 282.55 | 282.50 | 283.60 | 277.95 | 0.762 times |
27 Mon Dec 2021 | 279.50 | 281.40 | 281.85 | 272.05 | 0.822 times |
24 Fri Dec 2021 | 273.95 | 281.85 | 282.20 | 269.95 | 0.519 times |
23 Thu Dec 2021 | 276.65 | 277.50 | 279.70 | 275.55 | 0.309 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 295.2 as stoploss in an intra day sell trade for a target of 284.97. However, stock will show a bullish move above 295.2.
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 | 292.50 |
Downside Target | 292.70 |
Downside Target | 293.70 |
Upside Target | 302.60 |
Upside Target | 308.00 |
Upside Target | 313.80 |
Intraday share price targets for Fortis (Fortis)
Target Type | Value |
Downside Intraday Target | 286.33 |
Downside Intraday Target | 278.77 |
Upside Intraday Target | 307.63 |
Upside Intraday Target | 321.37 |
Upside Intraday Target | 300.07 |
Weekly technical analysis of Fortis (Fortis)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Wed Jan 2022 | 293.90 | 301.00 | 313.80 | 292.50 | 0.51 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 down 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 |
05 Wed Jan 2022 | 293.90 | 301.00 | 313.80 | 292.50 | 0.101 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 down 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 | 26, 20, 14 | Buy |
MACD | 11, 9 | Buy |
Stochastics | 76 | Buy |
CCI | 46 | Sell |
RSI | 52 | Buy |
OBV | -543784 | Sell |
VWAP | 294 | Buy |
ADL | 0 | Sell |
ROC | 6 | Buy |
Force Index | 0 | Sell |
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fortis in short term and the buy signal is strong.
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 293.61 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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