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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)

10 day averaged volume of Fortis is 13180

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 277.15 278.05 283.00 275.60 0.812 times
27 Fri Jan 2023 280.30 283.95 283.95 275.05 1.058 times
25 Wed Jan 2023 277.60 277.40 282.35 276.00 0.856 times
24 Tue Jan 2023 281.70 282.95 285.95 281.30 1.388 times
23 Mon Jan 2023 283.85 284.10 285.15 281.30 1.015 times
20 Fri Jan 2023 284.50 285.00 288.30 283.10 0.472 times
19 Thu Jan 2023 285.75 283.40 288.75 283.00 0.786 times
18 Wed Jan 2023 283.95 284.00 285.00 282.00 0.933 times
17 Tue Jan 2023 283.55 278.10 285.80 278.10 0.71 times
16 Mon Jan 2023 283.05 285.70 286.90 282.20 0.572 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 277.2, for a target of 280.7 or 283.54

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 250.40
Downside Target 259.25
Downside Target 268.95
Upside Target 286.40
Upside Target 288.55
Upside Target 288.75
Upside Target 289.80
Upside Target 295.00
Upside Target 313.75
Upside Target 324.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 274.17
Downside Intraday Target 271.18
Upside Intraday Target 281.57
Upside Intraday Target 285.98
Upside Intraday Target 278.58

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 277.15 278.05 283.00 275.60 0.188 times
27 Fri Jan 2023 280.30 284.10 285.95 275.05 1.243 times
20 Fri Jan 2023 284.50 285.70 288.75 278.10 0.435 times
13 Fri Jan 2023 287.45 284.00 289.80 281.15 0.065 times
06 Fri Jan 2023 283.80 282.55 288.55 280.10 10.145 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
30 Mon Jan 2023 277.15 282.55 289.80 275.05 2.444 times
30 Fri Dec 2022 286.15 290.25 295.00 268.95 0.446 times
30 Wed Nov 2022 290.25 275.00 313.75 272.80 0.696 times
31 Mon Oct 2022 277.20 264.20 286.40 259.25 0.592 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Fortis (Fortis)

Indicator Name Indicator Value Indicator Signal
ADX 11, 15, 18 Sell
MACD -2, -0Sell
Stochastics 22Sell
CCI -124Sell
RSI 49Sell
OBV 1564843Sell
VWAP 282Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short 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 short 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 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 SELL signal for Fortis in short term and the sell signal is strong.

Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 281.95 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. 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

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Daily chart

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