(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 2022-05-16 View latest technical analysis
10 day averaged volume of Fortis is 123551
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 236.45 | 231.40 | 243.95 | 231.40 | 0.287 times |
| 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 | 0.565 times |
| 11 Wed May 2022 | 242.40 | 247.95 | 249.70 | 239.70 | 0.404 times |
| 10 Tue May 2022 | 242.25 | 249.70 | 252.00 | 236.60 | 0.519 times |
| 09 Mon May 2022 | 246.00 | 255.00 | 255.00 | 244.60 | 0.2 times |
| 06 Fri May 2022 | 250.70 | 252.00 | 252.55 | 247.10 | 0.404 times |
| 05 Thu May 2022 | 252.45 | 260.45 | 263.00 | 249.90 | 0.44 times |
| 04 Wed May 2022 | 258.90 | 264.10 | 269.00 | 257.70 | 6.856 times |
| 02 Mon May 2022 | 264.25 | 260.05 | 268.50 | 260.05 | 0.175 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 245, but if it comes above 245, then a intra day buy could be more profitable.
If you take a sell trade below 245, then use 245 as stoploss and 227.7 as target. However if you take a buy trade in stock , then use 245 as stoploss and 259.34 as target.
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 | 269.00 |
| 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 | 230.58 |
| Downside Intraday Target | 224.72 |
| Upside Intraday Target | 243.13 |
| Upside Intraday Target | 249.82 |
| Upside Intraday Target | 237.27 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 236.45 | 231.40 | 243.95 | 231.40 | 0.151 times |
| 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 |
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 |
| 16 Mon May 2022 | 236.45 | 260.05 | 269.00 | 231.40 | 1.099 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 | 4, 29, 73 | Sell |
| MACD | -14, -10 | Sell |
| Stochastics | 10 | Sell |
| CCI | -93 | Sell |
| RSI | 54 | Buy |
| OBV | -1489639 | Sell |
| VWAP | 254 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Fortis stock for short term is SELL. Signal strength is Strong and stock is gaining 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 moving up
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
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 254.3 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.
Click here for further forecast and predictions for tomorrow