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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 2022-08-10 View latest technical analysis

10 day averaged volume of Fortis is 56471

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 267.55 269.50 274.10 265.80 1.273 times
08 Mon Aug 2022 269.50 261.00 274.80 261.00 2.678 times
05 Fri Aug 2022 264.75 270.45 270.45 263.00 0.411 times
04 Thu Aug 2022 267.80 266.40 271.50 264.95 0.564 times
03 Wed Aug 2022 264.60 268.90 272.35 264.00 0.721 times
02 Tue Aug 2022 268.45 274.80 275.75 267.55 0.266 times
01 Mon Aug 2022 273.45 280.00 282.70 271.55 1.561 times
29 Fri Jul 2022 278.35 278.00 279.50 267.90 1.792 times
28 Thu Jul 2022 276.70 270.40 278.05 263.65 0.956 times
27 Wed Jul 2022 266.70 267.25 267.90 264.30 0.254 times

My analysis of stock is bearish for shortterm, and stock might move down till 260.8 or till 252.1. Use a stoploss of 267.98 and if the stock hits stoploss, then it can shoot up till 275.18

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 231.40
Downside Target 246.00
Downside Target 259.80
Upside Target 269.00
Upside Target 274.80
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 260.77
Downside Intraday Target 253.98
Upside Intraday Target 274.57
Upside Intraday Target 281.58
Upside Intraday Target 267.78

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 267.55 261.00 274.80 261.00 1.122 times
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

Price has moved up 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
10 Wed Aug 2022 267.55 280.00 282.70 261.00 0.429 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 22, 12, 29 Buy
MACD 10, 11Sell
Stochastics 26Sell
CCI -18Buy
RSI 64Buy
OBV 372672Sell
VWAP 271Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Fortis is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 271.31 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 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

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Daily charts

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Daily chart

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