(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)
10 day averaged volume of Fortis is 31897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri Mar 2023 | 262.70 | 260.10 | 266.45 | 260.10 | 0.563 times |
| 16 Thu Mar 2023 | 265.10 | 265.95 | 268.00 | 263.80 | 0.539 times |
| 15 Wed Mar 2023 | 267.85 | 261.65 | 272.15 | 261.65 | 0.446 times |
| 14 Tue Mar 2023 | 262.30 | 268.00 | 268.45 | 259.30 | 0.745 times |
| 13 Mon Mar 2023 | 268.05 | 272.00 | 272.00 | 265.80 | 0.811 times |
| 10 Fri Mar 2023 | 271.55 | 274.05 | 275.00 | 268.20 | 1.051 times |
| 09 Thu Mar 2023 | 274.40 | 271.15 | 275.10 | 271.15 | 0.469 times |
| 08 Wed Mar 2023 | 271.15 | 278.20 | 280.60 | 267.95 | 2.532 times |
| 06 Mon Mar 2023 | 280.85 | 272.65 | 282.00 | 272.65 | 2.25 times |
| 03 Fri Mar 2023 | 275.90 | 274.70 | 277.70 | 272.40 | 0.69 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 265.8, but if it comes above 265.8, then a intra day buy could be more profitable.
If you take a sell trade below 265.8, then use 265.8 as stoploss and 259.7 as target. However if you take a buy trade in stock , then use 265.8 as stoploss and 270.89 as target.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 259.30 |
| Upside Target | 267.95 |
| Upside Target | 277.70 |
| Upside Target | 280.95 |
| Upside Target | 282.00 |
| Upside Target | 282.75 |
| Upside Target | 285.50 |
| Upside Target | 289.80 |
| Upside Target | 295.00 |
| Upside Target | 313.75 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 257.28 |
| Downside Intraday Target | 251.87 |
| Upside Intraday Target | 270.13 |
| Upside Intraday Target | 277.57 |
| Upside Intraday Target | 264.72 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri Mar 2023 | 262.70 | 272.00 | 272.15 | 259.30 | 0.492 times |
| 10 Fri Mar 2023 | 271.55 | 272.65 | 282.00 | 267.95 | 1.033 times |
| 03 Fri Mar 2023 | 275.90 | 267.65 | 277.70 | 262.40 | 1.299 times |
| 24 Fri Feb 2023 | 270.95 | 269.05 | 280.95 | 269.05 | 0.59 times |
| 17 Fri Feb 2023 | 268.65 | 282.75 | 282.75 | 261.55 | 2.352 times |
Price has moved down 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 |
| 17 Fri Mar 2023 | 262.70 | 268.00 | 282.00 | 259.30 | 0.462 times |
| 28 Tue Feb 2023 | 267.85 | 285.50 | 285.50 | 261.55 | 0.411 times |
| 31 Tue Jan 2023 | 281.90 | 282.55 | 289.80 | 274.35 | 2.463 times |
| 30 Fri Dec 2022 | 286.15 | 290.25 | 295.00 | 268.95 | 0.446 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 | 13, 25, 30 | Sell |
| MACD | -6, -5 | Sell |
| Stochastics | 26 | Sell |
| CCI | -104 | Sell |
| RSI | 47 | Sell |
| OBV | 92070 | Sell |
| VWAP | 272 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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 mid to longer 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.
ADX buy sell signal for Fortis stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortis in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 271.99 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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