(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)
Intraday share price targets for Fortis (Fortis)
|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|
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.