(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 2022-06-23 View latest technical analysis
10 day averaged volume of Fortis is 59978
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Thu Jun 2022||236.05||229.50||238.50||228.75||1.038 times|
|22 Wed Jun 2022||229.20||233.35||233.45||226.75||0.216 times|
|21 Tue Jun 2022||234.20||228.65||235.60||228.65||0.412 times|
|20 Mon Jun 2022||226.35||228.35||229.50||219.80||0.433 times|
|17 Fri Jun 2022||227.30||227.05||230.15||221.50||0.736 times|
|16 Thu Jun 2022||227.95||235.55||235.90||226.00||0.453 times|
|15 Wed Jun 2022||233.70||229.00||234.75||229.00||0.224 times|
|14 Tue Jun 2022||227.60||236.90||239.25||223.65||6.248 times|
|13 Mon Jun 2022||235.90||244.75||244.75||235.30||0.525 times|
|10 Fri Jun 2022||244.40||244.70||245.50||240.85||0.27 times|
My analysis of stock is bearish for shortterm, and stock might move down till 230.5 or till 223. Use a stoploss of 236.79 and if the stock hits stoploss, then it can shoot up till 243.07
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||224.4|
|Downside Intraday Target||212.75|
|Upside Intraday Target||243.1|
|Upside Intraday Target||250.15|
|Downside Intraday Target||231.45|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Thu Jun 2022||236.05||228.35||238.50||219.80||0.256 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|
|23 Thu Jun 2022||236.05||239.00||246.50||219.80||0.482 times|
|31 Tue May 2022||238.25||260.05||269.00||231.40||1.424 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||17, 22, 13||Sell|
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fortis in short term but the buy signal is initial and weak.
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. Bulls 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 buy signal for Fortis in short term and BUY signal is strong.
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 229.64 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.