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(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 2022-06-15 View latest technical analysis

10 day averaged volume of Fortis is 56525

Date Daily Closing Price Open High Low Volume
15 Wed Jun 2022 233.70 229.00 234.75 229.00 0.238 times
14 Tue Jun 2022 227.60 236.90 239.25 223.65 6.629 times
13 Mon Jun 2022 235.90 244.75 244.75 235.30 0.557 times
10 Fri Jun 2022 244.40 244.70 245.50 240.85 0.286 times
09 Thu Jun 2022 245.20 241.70 246.00 236.65 0.512 times
08 Wed Jun 2022 241.10 241.15 241.70 239.50 0.156 times
07 Tue Jun 2022 241.10 239.85 242.55 239.85 0.206 times
06 Mon Jun 2022 242.50 241.00 243.70 240.00 0.346 times
03 Fri Jun 2022 240.50 246.50 246.50 239.65 0.271 times
02 Thu Jun 2022 241.50 243.00 243.55 240.85 0.318 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 235.4, but if it comes above 235.4, then a intra day buy could be more profitable.
If you take a sell trade below 235.4, then use 235.4 as stoploss and 230 as target. However if you take a buy trade in stock , then use 235.4 as stoploss and 239.91 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 223.65
Downside Target 229.95
Upside Target 243.35
Upside Target 246.50
Upside Target 248.75
Upside Target 265.65
Upside Target 269.00
Upside Target 280.50
Upside Target 290.00
Upside Target 292.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 223.32
Downside Intraday Target 212.93
Upside Intraday Target 244.42
Upside Intraday Target 255.13
Upside Intraday Target 234.03

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
15 Wed Jun 2022 233.70 244.75 244.75 223.65 4.925 times
10 Fri Jun 2022 244.40 241.00 246.00 236.65 0.551 times
03 Fri Jun 2022 240.50 239.80 246.50 234.35 0.858 times
27 Fri May 2022 234.55 247.50 248.75 233.05 1.269 times
20 Fri May 2022 241.05 231.40 243.95 231.40 0.606 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Fortis (Fortis)

Date Monthly Closing Price Open High Low Volume
15 Wed Jun 2022 233.70 239.00 246.50 223.65 0.372 times
31 Tue May 2022 238.25 260.05 269.00 231.40 1.376 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

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 10, 27, 44 Sell
MACD -9, -8Sell
Stochastics 22Sell
CCI -136Buy
RSI 53Buy
OBV -423700Sell
VWAP 232Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 below 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 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 231.58 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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