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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 2022-08-12 View latest technical analysis

10 day averaged volume of Fortis is 61896

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 281.85 274.00 291.25 271.40 2.818 times
11 Thu Aug 2022 270.65 266.00 271.50 266.00 0.675 times
10 Wed Aug 2022 267.55 269.50 274.10 265.80 1.161 times
08 Mon Aug 2022 269.50 261.00 274.80 261.00 2.444 times
05 Fri Aug 2022 264.75 270.45 270.45 263.00 0.375 times
04 Thu Aug 2022 267.80 266.40 271.50 264.95 0.514 times
03 Wed Aug 2022 264.60 268.90 272.35 264.00 0.657 times
02 Tue Aug 2022 268.45 274.80 275.75 267.55 0.243 times
01 Mon Aug 2022 273.45 280.00 282.70 271.55 1.424 times
29 Fri Jul 2022 278.35 278.00 279.50 267.90 1.635 times

Stock of Fortis (Fortis) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 283.2, for a target of 276.2 or 270.3

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
Downside Target 281.00
Downside Target 281.45
Upside Target 282.70
Upside Target 290.00
Upside Target 291.25

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 264.82
Downside Intraday Target 247.78
Upside Intraday Target 295.07
Upside Intraday Target 308.28
Downside Intraday Target 278.03

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 281.85 261.00 291.25 261.00 2.209 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Fortis (Fortis)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 281.85 280.00 291.25 261.00 0.648 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 up 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 36, 9, 60 Buy
MACD 11, 11Sell
Stochastics 48None
CCI 180Buy
RSI 65Buy
OBV 361051Sell
VWAP 273Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short 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 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 to mid 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and BUY signal is strong.

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

Although the stock is in the SELL zone, but selling 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 273.46 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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