Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-07-26 View latest technical analysis

10 day averaged volume of Fortis is 53446

Date Daily Closing Price Open High Low Volume
26 Tue Jul 2022 267.20 275.80 275.80 266.00 0.843 times
25 Mon Jul 2022 275.80 277.20 281.00 275.00 0.44 times
22 Fri Jul 2022 278.00 277.95 280.80 271.35 0.779 times
21 Thu Jul 2022 277.05 262.05 281.45 262.05 1.328 times
20 Wed Jul 2022 263.95 265.90 270.35 262.80 0.195 times
19 Tue Jul 2022 266.60 266.00 268.50 264.20 0.496 times
18 Mon Jul 2022 268.50 264.95 270.30 261.80 0.706 times
14 Thu Jul 2022 258.50 251.75 259.80 251.00 0.695 times
13 Wed Jul 2022 252.70 253.80 256.70 251.25 0.413 times
12 Tue Jul 2022 253.45 252.85 258.35 247.50 4.606 times

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 268.5 as stoploss in an intra day sell trade for a target of 253.67. However, stock will show a bullish move above 268.5.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 228.65
Downside Target 241.45
Downside Target 256.50
Downside Target 265.65
Downside Target 266.00
Upside Target 269.00
Upside Target 281.00
Upside Target 281.45
Upside Target 290.00
Upside Target 292.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 261.8
Downside Intraday Target 256.4
Upside Intraday Target 276.8
Upside Intraday Target 286.4
Upside Intraday Target 271.4

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
26 Tue Jul 2022 267.20 277.20 281.00 266.00 0.366 times
22 Fri Jul 2022 278.00 264.95 281.45 261.80 0.578 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

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
26 Tue Jul 2022 267.20 236.60 281.45 232.40 0.935 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 32, 14, 38 Buy
MACD 14, 11Buy
Stochastics 77Buy
CCI 36Sell
RSI 66Buy
OBV 256653Sell
VWAP 262Buy
ADL 0Sell
ROC 8Buy
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 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 losing momentum.

MACD generated a BUY signal for Fortis in short term and the buy signal is strong.

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 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 262.43 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme