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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 2022-08-05 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)

Target Type Value
Downside Target 219.80
Downside Target 231.40
Downside Target 246.00
Downside Target 256.50
Upside 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 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
MACD 10, 12Sell
Stochastics 14Sell
CCI -91Sell
RSI 63Buy
OBV 338670Sell
VWAP 272Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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.

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Daily charts

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Daily chart

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