(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 2022-05-17 View latest technical analysis
10 day averaged volume of Fortis is 124266
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||240.90||236.25||242.70||235.45||0.271 times|
|16 Mon May 2022||236.45||231.40||243.95||231.40||0.285 times|
|13 Fri May 2022||236.15||242.05||244.45||235.00||0.208 times|
|12 Thu May 2022||237.60||240.90||243.55||233.45||0.562 times|
|11 Wed May 2022||242.40||247.95||249.70||239.70||0.401 times|
|10 Tue May 2022||242.25||249.70||252.00||236.60||0.516 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||0.402 times|
|05 Thu May 2022||252.45||260.45||263.00||249.90||0.437 times|
|04 Wed May 2022||258.90||264.10||269.00||257.70||6.816 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 243.2, but if it comes above 243.2, then a intra day buy could be more profitable.
If you take a sell trade below 243.2, then use 243.2 as stoploss and 225.7 as target. However if you take a buy trade in stock , then use 243.2 as stoploss and 257.77 as target.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||233.55|
|Downside Intraday Target||226.2|
|Upside Intraday Target||246.1|
|Upside Intraday Target||251.3|
|Downside Intraday Target||238.75|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||240.90||231.40||243.95||231.40||0.295 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|
|17 Tue May 2022||240.90||260.05||269.00||231.40||1.129 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, 27, 73||Sell|
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 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 253.76 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.