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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 2022-01-05 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, 9Buy
Stochastics 76Buy
CCI 46Sell
RSI 52Buy
OBV -543784Sell
VWAP 294Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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.

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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