(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 2022-06-24 View latest technical analysis
10 day averaged volume of Fortis is 63308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Jun 2022 | 236.35 | 236.00 | 240.80 | 234.75 | 0.35 times |
| 23 Thu Jun 2022 | 236.05 | 229.50 | 238.50 | 228.75 | 0.983 times |
| 22 Wed Jun 2022 | 229.20 | 233.35 | 233.45 | 226.75 | 0.205 times |
| 21 Tue Jun 2022 | 234.20 | 228.65 | 235.60 | 228.65 | 0.39 times |
| 20 Mon Jun 2022 | 226.35 | 228.35 | 229.50 | 219.80 | 0.41 times |
| 17 Fri Jun 2022 | 227.30 | 227.05 | 230.15 | 221.50 | 0.698 times |
| 16 Thu Jun 2022 | 227.95 | 235.55 | 235.90 | 226.00 | 0.429 times |
| 15 Wed Jun 2022 | 233.70 | 229.00 | 234.75 | 229.00 | 0.212 times |
| 14 Tue Jun 2022 | 227.60 | 236.90 | 239.25 | 223.65 | 5.919 times |
| 13 Mon Jun 2022 | 235.90 | 244.75 | 244.75 | 235.30 | 0.498 times |
My analysis of stock is bearish for shortterm, and stock might move down till 230.6 or till 223.1. Use a stoploss of 236.88 and if the stock hits stoploss, then it can shoot up till 243.14
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 219.80 |
| Downside Target | 229.95 |
| Upside Target | 246.00 |
| 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 | 223.83 |
| Downside Intraday Target | 211.32 |
| Upside Intraday Target | 244.83 |
| Upside Intraday Target | 253.32 |
| Downside Intraday Target | 232.32 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Jun 2022 | 236.35 | 228.35 | 240.80 | 219.80 | 0.302 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 |
| 24 Fri Jun 2022 | 236.35 | 239.00 | 246.50 | 219.80 | 0.496 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 | 19, 21, 5 | Sell |
| MACD | -8, -9 | Buy |
| Stochastics | 55 | None |
| CCI | 109 | Buy |
| RSI | 56 | Buy |
| OBV | -400939 | Sell |
| VWAP | 229 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | 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 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 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 but buying is losing 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 229.49 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow