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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 2022-08-11 View latest technical analysis

10 day averaged volume of Fortis is 59154

Date Daily Closing Price Open High Low Volume
11 Thu Aug 2022 270.65 266.00 271.50 266.00 0.706 times
10 Wed Aug 2022 267.55 269.50 274.10 265.80 1.215 times
08 Mon Aug 2022 269.50 261.00 274.80 261.00 2.557 times
05 Fri Aug 2022 264.75 270.45 270.45 263.00 0.392 times
04 Thu Aug 2022 267.80 266.40 271.50 264.95 0.538 times
03 Wed Aug 2022 264.60 268.90 272.35 264.00 0.688 times
02 Tue Aug 2022 268.45 274.80 275.75 267.55 0.254 times
01 Mon Aug 2022 273.45 280.00 282.70 271.55 1.49 times
29 Fri Jul 2022 278.35 278.00 279.50 267.90 1.71 times
28 Thu Jul 2022 276.70 270.40 278.05 263.65 0.913 times

My analysis of stock is bullish for shortterm, and stock might move up till 275.2 or till 282.9. Use a stoploss of 268.84 and if this stock hits its stoploss, then it can fall down till 262.44

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
Downside 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 262.83
Downside Intraday Target 255.02
Upside Intraday Target 276.63
Upside Intraday Target 282.62
Downside Intraday Target 268.82

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
11 Thu Aug 2022 270.65 261.00 274.80 261.00 1.332 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
11 Thu Aug 2022 270.65 280.00 282.70 261.00 0.471 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 21, 11, 29 Buy
MACD 9, 11Sell
Stochastics 38None
CCI -22Buy
RSI 63Buy
OBV 432783Sell
VWAP 271Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 to mid 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 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 losing momentum.

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

Fortis Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 271.38 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.

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Daily charts

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Daily chart

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