(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)
Intraday share price targets for Fortis (Fortis)
|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|
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