Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-08-18 View latest technical analysis

10 day averaged volume of Fortis is 81133

Date Daily Closing Price Open High Low Volume
18 Thu Aug 2022 291.55 295.50 299.95 287.90 1.354 times
17 Wed Aug 2022 293.70 295.00 297.80 291.00 1.231 times
16 Tue Aug 2022 292.00 283.80 293.65 277.45 1.989 times
12 Fri Aug 2022 281.85 274.00 291.25 271.40 2.15 times
11 Thu Aug 2022 270.65 266.00 271.50 266.00 0.515 times
10 Wed Aug 2022 267.55 269.50 274.10 265.80 0.886 times
08 Mon Aug 2022 269.50 261.00 274.80 261.00 1.864 times
05 Fri Aug 2022 264.75 270.45 270.45 263.00 0.286 times
04 Thu Aug 2022 267.80 266.40 271.50 264.95 0.392 times
03 Wed Aug 2022 264.60 268.90 272.35 264.00 0.501 times

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 294.5, for a target of 283.6 or 274.48

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 231.40
Downside Target 246.50
Downside Target 261.00
Downside Target 277.45
Downside Target 281.45
Downside Target 282.70
Downside Target 290.00
Downside Target 291.25
Upside Target 299.95

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 279.35
Downside Intraday Target 267.15
Upside Intraday Target 301.85
Upside Intraday Target 312.15
Downside Intraday Target 289.65

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
18 Thu Aug 2022 291.55 283.80 299.95 277.45 0.845 times
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

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
18 Thu Aug 2022 291.55 280.00 299.95 261.00 1.025 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 31, 9, 53 Buy
MACD 16, 13Buy
Stochastics 87Buy
CCI 110Sell
RSI 66Buy
OBV 459708Sell
VWAP 281Buy
ADL 0Sell
ROC 9Buy
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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Fortis in short term and the buy signal is strong.

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

Fortis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis in short term but SELL 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 280.72 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme