(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 2022-06-22 View latest technical analysis
10 day averaged volume of Fortis is 59565
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Wed Jun 2022||229.20||233.35||233.45||226.75||0.218 times|
|21 Tue Jun 2022||234.20||228.65||235.60||228.65||0.415 times|
|20 Mon Jun 2022||226.35||228.35||229.50||219.80||0.436 times|
|17 Fri Jun 2022||227.30||227.05||230.15||221.50||0.741 times|
|16 Thu Jun 2022||227.95||235.55||235.90||226.00||0.456 times|
|15 Wed Jun 2022||233.70||229.00||234.75||229.00||0.226 times|
|14 Tue Jun 2022||227.60||236.90||239.25||223.65||6.291 times|
|13 Mon Jun 2022||235.90||244.75||244.75||235.30||0.529 times|
|10 Fri Jun 2022||244.40||244.70||245.50||240.85||0.272 times|
|09 Thu Jun 2022||245.20||241.70||246.00||236.65||0.486 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 230.6, but if it comes above 230.6, then a intra day buy could be more profitable.
If you take a sell trade below 230.6, then use 230.6 as stoploss and 223.1 as target. However if you take a buy trade in stock , then use 230.6 as stoploss and 236.9 as target.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||220.8|
|Downside Intraday Target||212.4|
|Upside Intraday Target||236.6|
|Upside Intraday Target||244|
|Downside Intraday Target||228.2|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Wed Jun 2022||229.20||228.35||235.60||219.80||0.13 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|
|22 Wed Jun 2022||229.20||239.00||246.50||219.80||0.459 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||13, 25, 34||Sell|
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortis ( (Fortis) ) based on a short 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.
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 gaining momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
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 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 229.72 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.