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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 2022-06-24 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, -9Buy
Stochastics 55None
CCI 109Buy
RSI 56Buy
OBV -400939Sell
VWAP 229Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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.

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Daily charts

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