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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 2022-06-21 View latest technical analysis

10 day averaged volume of Fortis is 58259

Date Daily Closing Price Open High Low Volume
21 Tue Jun 2022 234.20 228.65 235.60 228.65 0.424 times
20 Mon Jun 2022 226.35 228.35 229.50 219.80 0.446 times
17 Fri Jun 2022 227.30 227.05 230.15 221.50 0.758 times
16 Thu Jun 2022 227.95 235.55 235.90 226.00 0.466 times
15 Wed Jun 2022 233.70 229.00 234.75 229.00 0.231 times
14 Tue Jun 2022 227.60 236.90 239.25 223.65 6.432 times
13 Mon Jun 2022 235.90 244.75 244.75 235.30 0.541 times
10 Fri Jun 2022 244.40 244.70 245.50 240.85 0.278 times
09 Thu Jun 2022 245.20 241.70 246.00 236.65 0.497 times
08 Wed Jun 2022 241.10 241.15 241.70 239.50 0.152 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 231.4 as stoploss in an intra day buy trade for a target of 237.54. However, stock will show a bearish move below 231.4.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
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 224.13
Downside Intraday Target 214.07
Upside Intraday Target 239.93
Upside Intraday Target 245.67
Downside Intraday Target 229.87

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
21 Tue Jun 2022 234.20 228.35 235.60 219.80 0.103 times
17 Fri Jun 2022 227.30 244.75 244.75 221.50 5.763 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

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
21 Tue Jun 2022 234.20 239.00 246.50 219.80 0.45 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 14, 25, 29 Sell
MACD -10, -10Sell
Stochastics 35None
CCI -17Buy
RSI 58Buy
OBV -523023Sell
VWAP 230Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Fortis Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 229.9 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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