(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 2022-07-05 View latest technical analysis
10 day averaged volume of Fortis is 22368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Jul 2022 | 239.70 | 241.85 | 243.80 | 239.00 | 2.881 times |
| 04 Mon Jul 2022 | 241.35 | 235.85 | 242.50 | 234.00 | 0.654 times |
| 01 Fri Jul 2022 | 235.85 | 236.60 | 238.20 | 232.40 | 0.569 times |
| 30 Thu Jun 2022 | 239.90 | 234.00 | 241.45 | 231.65 | 1.277 times |
| 29 Wed Jun 2022 | 233.70 | 230.00 | 234.30 | 228.65 | 0.56 times |
| 28 Tue Jun 2022 | 230.50 | 229.10 | 231.65 | 229.10 | 0.443 times |
| 27 Mon Jun 2022 | 230.60 | 236.00 | 236.85 | 229.50 | 1.04 times |
| 24 Fri Jun 2022 | 236.35 | 236.00 | 240.80 | 234.75 | 0.989 times |
| 23 Thu Jun 2022 | 236.05 | 229.50 | 238.50 | 228.75 | 2.783 times |
| 22 Wed Jun 2022 | 229.20 | 233.35 | 233.45 | 226.75 | 0.58 times |
Stock of Fortis (Fortis) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 240.5 as stoploss in an intra day sell trade for a target of 234.85. However, stock will show a bullish move above 240.5.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 219.80 |
| Downside Target | 228.65 |
| Upside Target | 243.80 |
| 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 | 234.53 |
| Downside Intraday Target | 229.37 |
| Upside Intraday Target | 244.33 |
| Upside Intraday Target | 248.97 |
| Downside Intraday Target | 239.17 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Jul 2022 | 239.70 | 235.85 | 243.80 | 234.00 | 0.909 times |
| 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 |
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 |
| 05 Tue Jul 2022 | 239.70 | 236.60 | 243.80 | 232.40 | 0.105 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 | 26, 15, 28 | Buy |
| MACD | -4, -6 | Buy |
| Stochastics | 81 | Buy |
| CCI | 124 | Buy |
| RSI | 58 | Buy |
| OBV | -447459 | Sell |
| VWAP | 237 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 buy signal for Fortis in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 236.53 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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