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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 2022-07-20 View latest technical analysis

10 day averaged volume of Fortis is 59633

Date Daily Closing Price Open High Low Volume
20 Wed Jul 2022 263.95 265.90 270.35 262.80 0.175 times
19 Tue Jul 2022 266.60 266.00 268.50 264.20 0.444 times
18 Mon Jul 2022 268.50 264.95 270.30 261.80 0.633 times
14 Thu Jul 2022 258.50 251.75 259.80 251.00 0.623 times
13 Wed Jul 2022 252.70 253.80 256.70 251.25 0.37 times
12 Tue Jul 2022 253.45 252.85 258.35 247.50 4.128 times
11 Mon Jul 2022 247.90 250.00 250.20 246.00 0.307 times
08 Fri Jul 2022 251.25 253.00 256.50 247.00 0.644 times
07 Thu Jul 2022 253.00 238.10 254.50 238.10 1.405 times
06 Wed Jul 2022 238.45 239.20 241.35 235.45 0.366 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 257.5, but if it comes below 257.5, then a intra day sell could be more profitable.
If you take a sell trade below 257.5, then use 257.5 as stoploss and 245.38 as target. However if you take a buy trade in stock , then use 257.5 as stoploss and 272.1 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 228.65
Downside Target 240.80
Downside Target 256.50
Downside Target 259.80
Downside Target 261.80
Upside Target 265.65
Upside Target 269.00
Upside Target 270.35
Upside Target 290.00
Upside Target 292.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 260.38
Downside Intraday Target 256.82
Upside Intraday Target 268.93
Upside Intraday Target 273.92
Upside Intraday Target 265.37

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
20 Wed Jul 2022 263.95 264.95 270.35 261.80 0.231 times
14 Thu Jul 2022 258.50 250.00 259.80 246.00 1.451 times
08 Fri Jul 2022 251.25 235.85 256.50 234.00 2.564 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

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
20 Wed Jul 2022 263.95 236.60 270.35 232.40 0.727 times
30 Thu Jun 2022 239.90 239.00 246.50 219.80 0.561 times
31 Tue May 2022 238.25 260.05 269.00 231.40 1.376 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 up 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 38, 7, 68 Buy
MACD 10, 6Buy
Stochastics 89Buy
CCI 100Sell
RSI 69Buy
OBV 308743Sell
VWAP 255Buy
ADL 0Sell
ROC 10Buy
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 green color and prices are above the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 254.64 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 positive

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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