(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 2022-08-05 View latest technical analysis
10 day averaged volume of Fortis is 45545
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||264.75||270.45||270.45||263.00||0.509 times|
|04 Thu Aug 2022||267.80||266.40||271.50||264.95||0.699 times|
|03 Wed Aug 2022||264.60||268.90||272.35||264.00||0.893 times|
|02 Tue Aug 2022||268.45||274.80||275.75||267.55||0.33 times|
|01 Mon Aug 2022||273.45||280.00||282.70||271.55||1.936 times|
|29 Fri Jul 2022||278.35||278.00||279.50||267.90||2.221 times|
|28 Thu Jul 2022||276.70||270.40||278.05||263.65||1.185 times|
|27 Wed Jul 2022||266.70||267.25||267.90||264.30||0.315 times|
|26 Tue Jul 2022||267.20||275.80||275.80||266.00||0.989 times|
|25 Mon Jul 2022||275.80||277.20||281.00||275.00||0.517 times|
My analysis of stock is bearish for shortterm, and stock might move down till 257 or till 246.1. Use a stoploss of 266.09 and if the stock hits stoploss, then it can shoot up till 275.16
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||257.6|
|Downside Intraday Target||250.45|
|Upside Intraday Target||277.3|
|Upside Intraday Target||289.85|
|Upside Intraday Target||270.15|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||264.75||280.00||282.70||263.00||0.835 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|
|05 Fri Aug 2022||264.75||280.00||282.70||263.00||0.202 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||23, 16, 19||Buy|
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 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 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 Weak and stock is losing 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 in or below 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 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 272.38 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.