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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 2022-01-19 View latest technical analysis

10 day averaged volume of Fortis is 110810

Date Daily Closing Price Open High Low Volume
19 Wed Jan 2022 286.85 291.00 291.00 284.20 0.428 times
18 Tue Jan 2022 288.80 289.35 294.75 285.60 0.797 times
17 Mon Jan 2022 289.35 286.75 289.90 282.55 0.399 times
14 Fri Jan 2022 286.15 292.00 292.00 283.20 0.606 times
13 Thu Jan 2022 287.55 297.00 297.00 286.55 0.829 times
12 Wed Jan 2022 293.35 288.00 295.25 286.70 1.199 times
11 Tue Jan 2022 286.05 287.40 289.00 282.15 1.085 times
10 Mon Jan 2022 289.20 286.70 291.35 286.00 0.662 times
07 Fri Jan 2022 286.70 288.00 296.50 286.10 1.158 times
06 Thu Jan 2022 288.60 286.80 290.90 283.35 2.305 times

My analysis of stock is bearish for shortterm, and stock might move down till 281 or till 271.3. Use a stoploss of 289.03 and if the stock hits stoploss, then it can shoot up till 297.08

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 293.70
Upside Target 294.75
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 281.35
Downside Intraday Target 275.85
Upside Intraday Target 293.55
Upside Intraday Target 300.25
Upside Intraday Target 288.05

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
19 Wed Jan 2022 286.85 286.75 294.75 282.55 0.371 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
19 Wed Jan 2022 286.85 301.00 313.80 282.15 0.379 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, 19, 10 Buy
MACD 5, 6Sell
Stochastics 28Sell
CCI -52Sell
RSI 58Buy
OBV 44193Sell
VWAP 288Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is

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 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 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 weakening, and bulls 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 288.44 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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Daily charts

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Daily chart

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