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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 2022-08-04 View latest technical analysis

10 day averaged volume of Fortis is 49460

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 267.80 266.40 271.50 264.95 0.644 times
03 Wed Aug 2022 264.60 268.90 272.35 264.00 0.823 times
02 Tue Aug 2022 268.45 274.80 275.75 267.55 0.304 times
01 Mon Aug 2022 273.45 280.00 282.70 271.55 1.783 times
29 Fri Jul 2022 278.35 278.00 279.50 267.90 2.046 times
28 Thu Jul 2022 276.70 270.40 278.05 263.65 1.091 times
27 Wed Jul 2022 266.70 267.25 267.90 264.30 0.29 times
26 Tue Jul 2022 267.20 275.80 275.80 266.00 0.911 times
25 Mon Jul 2022 275.80 277.20 281.00 275.00 0.476 times
22 Fri Jul 2022 278.00 277.95 280.80 271.35 0.842 times

My analysis of stock is bullish for shortterm, and stock might move up till 275 or till 286.4. Use a stoploss of 265.5 and if this stock hits its stoploss, then it can fall down till 255.99

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 265.65
Upside Target 269.00
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 260.3
Downside Intraday Target 252.8
Upside Intraday Target 279
Upside Intraday Target 290.2
Upside Intraday Target 271.5

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 267.80 280.00 282.70 264.00 0.738 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
04 Thu Aug 2022 267.80 280.00 282.70 264.00 0.178 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 26, 15, 26 Buy
MACD 12, 13Sell
Stochastics 22Sell
CCI -71Buy
RSI 63Buy
OBV 340038Sell
VWAP 273Sell
ADL 0Sell
ROC -3Sell
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 gaining momentum.

MACD generated a SELL signal for Fortis in short term but the sell signal is initial and weak.

Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Fortis in short term but BUY 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

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 273.28 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Fortis (Fortis) stock. Volume based technical analysis of Fortis (Fortis) stock is negative.

Fortis Stock has given negative 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.

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Daily charts

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Daily chart

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