(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 2022-01-17 View latest technical analysis
10 day averaged volume of Fortis is 125258
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 289.35 | 286.75 | 289.90 | 282.55 | 0.353 times |
| 14 Fri Jan 2022 | 286.15 | 292.00 | 292.00 | 283.20 | 0.536 times |
| 13 Thu Jan 2022 | 287.55 | 297.00 | 297.00 | 286.55 | 0.733 times |
| 12 Wed Jan 2022 | 293.35 | 288.00 | 295.25 | 286.70 | 1.06 times |
| 11 Tue Jan 2022 | 286.05 | 287.40 | 289.00 | 282.15 | 0.96 times |
| 10 Mon Jan 2022 | 289.20 | 286.70 | 291.35 | 286.00 | 0.586 times |
| 07 Fri Jan 2022 | 286.70 | 288.00 | 296.50 | 286.10 | 1.024 times |
| 06 Thu Jan 2022 | 288.60 | 286.80 | 290.90 | 283.35 | 2.039 times |
| 05 Wed Jan 2022 | 293.90 | 304.40 | 304.40 | 292.50 | 0.85 times |
| 04 Tue Jan 2022 | 304.00 | 313.80 | 313.80 | 302.25 | 0.802 times |
My analysis of stock is bullish for shortterm, and stock might move up till 296.8 or till 307.3. Use a stoploss of 288.01 and if this stock hits its stoploss, then it can fall down till 279.25
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 238.10 |
| Downside Target | 255.15 |
| Downside Target | 265.20 |
| Downside Target | 272.05 |
| Downside Target | 282.00 |
| Upside Target | 289.90 |
| Upside Target | 293.70 |
| Upside Target | 297.00 |
| 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 | 284.63 |
| Downside Intraday Target | 279.92 |
| Upside Intraday Target | 291.98 |
| Upside Intraday Target | 294.62 |
| Downside Intraday Target | 287.27 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 289.35 | 286.75 | 289.90 | 282.55 | 0.091 times |
| 14 Fri Jan 2022 | 286.15 | 286.70 | 297.00 | 282.15 | 0.633 times |
| 07 Fri Jan 2022 | 286.70 | 301.00 | 313.80 | 283.35 | 1.02 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 |
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 |
| 17 Mon Jan 2022 | 289.35 | 301.00 | 313.80 | 282.15 | 0.343 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 | 22, 21, 3 | Buy |
| MACD | 6, 7 | Sell |
| Stochastics | 17 | Sell |
| CCI | -60 | Buy |
| RSI | 54 | Buy |
| OBV | -1117063 | Sell |
| VWAP | 290 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| 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 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 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 SELL signal for Fortis in short term but the sell signal is initial and weak.
Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fortis in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 290.39 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 has given negative 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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