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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 2022-01-06 View latest technical analysis

10 day averaged volume of Fortis is 123120

Date Daily Closing Price Open High Low Volume
06 Thu Jan 2022 288.60 286.80 290.90 283.35 2.075 times
05 Wed Jan 2022 293.90 304.40 304.40 292.50 0.865 times
04 Tue Jan 2022 304.00 313.80 313.80 302.25 0.816 times
03 Mon Jan 2022 309.40 301.00 311.30 299.90 1.434 times
31 Fri Dec 2021 297.25 296.20 308.00 289.30 2.424 times
30 Thu Dec 2021 291.20 289.50 294.30 288.35 1.211 times
29 Wed Dec 2021 289.60 285.00 291.75 282.35 0.983 times
28 Tue Dec 2021 282.55 282.50 283.60 277.95 0.716 times
27 Mon Dec 2021 279.50 281.40 281.85 272.05 0.773 times
24 Fri Dec 2021 273.95 281.85 282.20 269.95 0.488 times

Stock of Fortis (Fortis) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 295.6 or till 307.7. Use a stoploss of 285.59 and if this stock hits its stoploss, then it can fall down till 275.55

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 288.00
Upside Target 292.70
Upside 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 276.7
Downside Intraday Target 264.8
Upside Intraday Target 307.15
Upside Intraday Target 325.7
Upside Intraday Target 295.25

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
06 Thu Jan 2022 288.60 301.00 313.80 283.35 0.85 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
06 Thu Jan 2022 288.60 301.00 313.80 283.35 0.169 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 24, 26, 5 Sell
MACD 10, 9Buy
Stochastics 58None
CCI -25Sell
RSI 52Buy
OBV -740092Sell
VWAP 293Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 293.14 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

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Daily charts

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Daily chart

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