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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 2022-07-27 View latest technical analysis

10 day averaged volume of Fortis is 56119

Date Daily Closing Price Open High Low Volume
27 Wed Jul 2022 266.70 267.25 267.90 264.30 0.256 times
26 Tue Jul 2022 267.20 275.80 275.80 266.00 0.803 times
25 Mon Jul 2022 275.80 277.20 281.00 275.00 0.419 times
22 Fri Jul 2022 278.00 277.95 280.80 271.35 0.742 times
21 Thu Jul 2022 277.05 262.05 281.45 262.05 1.265 times
20 Wed Jul 2022 263.95 265.90 270.35 262.80 0.186 times
19 Tue Jul 2022 266.60 266.00 268.50 264.20 0.472 times
18 Mon Jul 2022 268.50 264.95 270.30 261.80 0.672 times
14 Thu Jul 2022 258.50 251.75 259.80 251.00 0.662 times
13 Wed Jul 2022 252.70 253.80 256.70 251.25 0.393 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 269.5 as stoploss in an intra day sell trade for a target of 255.48. However, stock will show a bullish move above 269.5.

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 264.30
Downside Target 265.65
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 260.33
Downside Intraday Target 253.97
Upside Intraday Target 277.03
Upside Intraday Target 287.37
Upside Intraday Target 270.67

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
27 Wed Jul 2022 266.70 277.20 281.00 264.30 0.443 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
27 Wed Jul 2022 266.70 236.60 281.45 232.40 0.951 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 30, 16, 32 Buy
MACD 14, 12Buy
Stochastics 65None
CCI -11Sell
RSI 68Buy
OBV 265550Sell
VWAP 269Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 269.33 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. 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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