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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 2022-06-28 View latest technical analysis

10 day averaged volume of Fortis is 63079

Date Daily Closing Price Open High Low Volume
28 Tue Jun 2022 230.50 229.10 231.65 229.10 0.157 times
27 Mon Jun 2022 230.60 236.00 236.85 229.50 0.369 times
24 Fri Jun 2022 236.35 236.00 240.80 234.75 0.351 times
23 Thu Jun 2022 236.05 229.50 238.50 228.75 0.987 times
22 Wed Jun 2022 229.20 233.35 233.45 226.75 0.206 times
21 Tue Jun 2022 234.20 228.65 235.60 228.65 0.392 times
20 Mon Jun 2022 226.35 228.35 229.50 219.80 0.412 times
17 Fri Jun 2022 227.30 227.05 230.15 221.50 0.7 times
16 Thu Jun 2022 227.95 235.55 235.90 226.00 0.431 times
15 Wed Jun 2022 233.70 229.00 234.75 229.00 0.213 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 229.6 as stoploss in an intra day buy trade for a target of 235.78. However, stock will show a bearish move below 229.6.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 229.10
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 227.45
Downside Intraday Target 224.4
Upside Intraday Target 235.2
Upside Intraday Target 239.9
Upside Intraday Target 232.15

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
28 Tue Jun 2022 230.50 236.00 236.85 229.10 0.224 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
28 Tue Jun 2022 230.50 239.00 246.50 219.80 0.516 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 16, 25, 21 Sell
MACD -8, -9Buy
Stochastics 56None
CCI -17Sell
RSI 57Buy
OBV -441192Sell
VWAP 232Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 tired and bears 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 231.54 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Fortis (Fortis) stock. Volume based technical analysis of Fortis (Fortis) stock is negative.

Fortis Stock is giving positive 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

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