(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 2022-05-13 View latest technical analysis
10 day averaged volume of Fortis is 123890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 236.15 | 242.05 | 244.45 | 235.00 | 0.209 times |
| 12 Thu May 2022 | 237.60 | 240.90 | 243.55 | 233.45 | 0.564 times |
| 11 Wed May 2022 | 242.40 | 247.95 | 249.70 | 239.70 | 0.402 times |
| 10 Tue May 2022 | 242.25 | 249.70 | 252.00 | 236.60 | 0.517 times |
| 09 Mon May 2022 | 246.00 | 255.00 | 255.00 | 244.60 | 0.199 times |
| 06 Fri May 2022 | 250.70 | 252.00 | 252.55 | 247.10 | 0.403 times |
| 05 Thu May 2022 | 252.45 | 260.45 | 263.00 | 249.90 | 0.439 times |
| 04 Wed May 2022 | 258.90 | 264.10 | 269.00 | 257.70 | 6.837 times |
| 02 Mon May 2022 | 264.25 | 260.05 | 268.50 | 260.05 | 0.175 times |
| 29 Fri Apr 2022 | 266.75 | 266.60 | 271.70 | 265.65 | 0.228 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 231.2, for a target of 247.5 or 261.06
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 229.95 |
| Upside Target | 243.35 |
| Upside Target | 255.00 |
| Upside Target | 260.65 |
| Upside Target | 269.25 |
| Upside Target | 277.95 |
| Upside Target | 280.50 |
| Upside Target | 280.80 |
| Upside Target | 290.00 |
| Upside Target | 292.80 |
| Upside Target | 313.80 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 228.07 |
| Downside Intraday Target | 219.98 |
| Upside Intraday Target | 249.62 |
| Upside Intraday Target | 263.08 |
| Upside Intraday Target | 241.53 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 236.15 | 255.00 | 255.00 | 233.45 | 0.241 times |
| 06 Fri May 2022 | 250.70 | 260.05 | 269.00 | 247.10 | 2.14 times |
| 29 Fri Apr 2022 | 266.75 | 277.95 | 277.95 | 265.65 | 1.617 times |
| 22 Fri Apr 2022 | 273.90 | 268.00 | 280.80 | 267.35 | 1.554 times |
| 13 Wed Apr 2022 | 270.85 | 269.25 | 280.80 | 269.25 | 1.204 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 |
| 13 Fri May 2022 | 236.15 | 260.05 | 269.00 | 233.45 | 1.068 times |
| 29 Fri Apr 2022 | 266.75 | 290.00 | 290.00 | 265.65 | 0.598 times |
| 31 Thu Mar 2022 | 290.40 | 248.00 | 292.80 | 243.35 | 1.111 times |
| 28 Mon Feb 2022 | 245.40 | 270.25 | 280.50 | 229.95 | 0.807 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 | 5, 29, 70 | Sell |
| MACD | -14, -9 | Sell |
| Stochastics | 11 | Sell |
| CCI | -95 | Buy |
| RSI | 56 | Buy |
| OBV | -1573298 | Sell |
| VWAP | 255 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis ( (Fortis) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis ( (Fortis) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Fortis stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
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 buy signal for Fortis in short term but BUY signal is weak.
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 255.09 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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