(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)
Intraday share price targets for Fortis (Fortis)
|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|
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.