(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 2022-07-01 View latest technical analysis
10 day averaged volume of Fortis is 26647
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 235.85 | 236.60 | 238.20 | 232.40 | 0.478 times |
| 30 Thu Jun 2022 | 239.90 | 234.00 | 241.45 | 231.65 | 1.072 times |
| 29 Wed Jun 2022 | 233.70 | 230.00 | 234.30 | 228.65 | 0.47 times |
| 28 Tue Jun 2022 | 230.50 | 229.10 | 231.65 | 229.10 | 0.372 times |
| 27 Mon Jun 2022 | 230.60 | 236.00 | 236.85 | 229.50 | 0.873 times |
| 24 Fri Jun 2022 | 236.35 | 236.00 | 240.80 | 234.75 | 0.83 times |
| 23 Thu Jun 2022 | 236.05 | 229.50 | 238.50 | 228.75 | 2.336 times |
| 22 Wed Jun 2022 | 229.20 | 233.35 | 233.45 | 226.75 | 0.487 times |
| 21 Tue Jun 2022 | 234.20 | 228.65 | 235.60 | 228.65 | 0.928 times |
| 20 Mon Jun 2022 | 226.35 | 228.35 | 229.50 | 219.80 | 0.975 times |
My analysis of stock is bullish for shortterm, and stock might move up till 240.7 or till 247.7. Use a stoploss of 234.97 and if this stock hits its stoploss, then it can fall down till 229.19
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 219.80 |
| Downside Target | 228.65 |
| Upside Target | 243.35 |
| Upside Target | 244.75 |
| Upside Target | 246.00 |
| Upside Target | 246.50 |
| Upside Target | 265.65 |
| Upside Target | 269.00 |
| Upside Target | 290.00 |
| Upside Target | 292.80 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 229.18 |
| Downside Intraday Target | 222.52 |
| Upside Intraday Target | 241.98 |
| Upside Intraday Target | 248.12 |
| Downside Intraday Target | 235.32 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 235.85 | 236.00 | 241.45 | 228.65 | 0.588 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 |
| 01 Fri Jul 2022 | 235.85 | 236.60 | 238.20 | 232.40 | 0.015 times |
| 30 Thu Jun 2022 | 239.90 | 239.00 | 246.50 | 219.80 | 0.542 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 |
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 | 23, 18, 13 | Buy |
| MACD | -6, -8 | Buy |
| Stochastics | 78 | Buy |
| CCI | 65 | Sell |
| RSI | 57 | Buy |
| OBV | -393389 | Sell |
| VWAP | 234 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 233.99 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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