Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-06-27 View latest technical analysis

10 day averaged volume of Fortis is 63904

Date Daily Closing Price Open High Low Volume
27 Mon Jun 2022 230.60 236.00 236.85 229.50 0.364 times
24 Fri Jun 2022 236.35 236.00 240.80 234.75 0.346 times
23 Thu Jun 2022 236.05 229.50 238.50 228.75 0.974 times
22 Wed Jun 2022 229.20 233.35 233.45 226.75 0.203 times
21 Tue Jun 2022 234.20 228.65 235.60 228.65 0.387 times
20 Mon Jun 2022 226.35 228.35 229.50 219.80 0.407 times
17 Fri Jun 2022 227.30 227.05 230.15 221.50 0.691 times
16 Thu Jun 2022 227.95 235.55 235.90 226.00 0.425 times
15 Wed Jun 2022 233.70 229.00 234.75 229.00 0.21 times
14 Tue Jun 2022 227.60 236.90 239.25 223.65 5.864 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 230 as stoploss in an intra day buy trade for a target of 236.17. However, stock will show a bearish move below 230.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 229.50
Upside Target 244.75
Upside Target 246.00
Upside Target 246.50
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 227.78
Downside Intraday Target 224.97
Upside Intraday Target 235.13
Upside Intraday Target 239.67
Upside Intraday Target 232.32

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
27 Mon Jun 2022 230.60 236.00 236.85 229.50 0.157 times
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

Price has moved down 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
27 Mon Jun 2022 230.60 239.00 246.50 219.80 0.51 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, 25, 19 Sell
MACD -8, -9Buy
Stochastics 60None
CCI 30Sell
RSI 54Buy
OBV -392510Sell
VWAP 229Buy
ADL 0Sell
ROC -2Sell
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 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 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 gaining momentum.

MACD generated a BUY signal for Fortis in short term but the buy signal is initial and weak.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis in short term but SELL signal is weak.

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 229.22 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme