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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 2022-08-01 View latest technical analysis

10 day averaged volume of Fortis is 42534

Date Daily Closing Price Open High Low Volume
01 Mon Aug 2022 273.45 280.00 282.70 271.55 2.073 times
29 Fri Jul 2022 278.35 278.00 279.50 267.90 2.379 times
28 Thu Jul 2022 276.70 270.40 278.05 263.65 1.269 times
27 Wed Jul 2022 266.70 267.25 267.90 264.30 0.338 times
26 Tue Jul 2022 267.20 275.80 275.80 266.00 1.059 times
25 Mon Jul 2022 275.80 277.20 281.00 275.00 0.553 times
22 Fri Jul 2022 278.00 277.95 280.80 271.35 0.979 times
21 Thu Jul 2022 277.05 262.05 281.45 262.05 1.669 times
20 Wed Jul 2022 263.95 265.90 270.35 262.80 0.245 times
19 Tue Jul 2022 266.60 266.00 268.50 264.20 0.623 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 274.6 as stoploss in an intra day sell trade for a target of 261.43. However, stock will show a bullish move above 274.6.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 231.40
Downside Target 246.00
Downside Target 256.50
Downside Target 271.55
Upside Target 281.00
Upside Target 281.45
Upside Target 282.70
Upside Target 290.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 269.1
Downside Intraday Target 264.75
Upside Intraday Target 280.25
Upside Intraday Target 287.05
Upside Intraday Target 275.9

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
01 Mon Aug 2022 273.45 280.00 282.70 271.55 0.37 times
29 Fri Jul 2022 278.35 277.20 281.00 263.65 1.272 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

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
01 Mon Aug 2022 273.45 280.00 282.70 271.55 0.09 times
29 Fri Jul 2022 278.35 236.60 281.45 232.40 1.129 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

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 33, 10, 53 Buy
MACD 15, 14Buy
Stochastics 75Buy
CCI 67Buy
RSI 66Buy
OBV 301369Sell
VWAP 275Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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.

Fortis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 274.53 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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