(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 2022-01-20 View latest technical analysis
10 day averaged volume of Fortis is 104901
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Thu Jan 2022||280.30||286.85||290.15||279.75||0.996 times|
|19 Wed Jan 2022||286.85||291.00||291.00||284.20||0.452 times|
|18 Tue Jan 2022||288.80||289.35||294.75||285.60||0.842 times|
|17 Mon Jan 2022||289.35||286.75||289.90||282.55||0.421 times|
|14 Fri Jan 2022||286.15||292.00||292.00||283.20||0.64 times|
|13 Thu Jan 2022||287.55||297.00||297.00||286.55||0.875 times|
|12 Wed Jan 2022||293.35||288.00||295.25||286.70||1.266 times|
|11 Tue Jan 2022||286.05||287.40||289.00||282.15||1.146 times|
|10 Mon Jan 2022||289.20||286.70||291.35||286.00||0.699 times|
|07 Fri Jan 2022||286.70||288.00||296.50||286.10||1.223 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 281.4, but if it comes above 281.4, then a intra day buy could be more profitable.
If you take a sell trade below 281.4, then use 281.4 as stoploss and 272 as target. However if you take a buy trade in stock , then use 281.4 as stoploss and 289.21 as target.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||275.12|
|Downside Intraday Target||269.93|
|Upside Intraday Target||290.12|
|Upside Intraday Target||299.93|
|Upside Intraday Target||284.93|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Thu Jan 2022||280.30||286.75||294.75||279.75||0.586 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 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|
|20 Thu Jan 2022||280.30||301.00||313.80||279.75||0.407 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||21, 22, 2||Sell|
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 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 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 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 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 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 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 287.45 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.