(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 38848
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 262.15 | 259.95 | 264.25 | 258.35 | 0.798 times |
| 28 Tue Mar 2023 | 258.95 | 254.10 | 263.50 | 254.10 | 1.774 times |
| 27 Mon Mar 2023 | 255.85 | 254.00 | 261.10 | 251.20 | 2.227 times |
| 24 Fri Mar 2023 | 253.45 | 251.00 | 258.85 | 245.40 | 1.366 times |
| 23 Thu Mar 2023 | 251.05 | 250.80 | 254.00 | 249.55 | 0.47 times |
| 22 Wed Mar 2023 | 253.20 | 251.75 | 256.00 | 250.65 | 0.919 times |
| 21 Tue Mar 2023 | 253.80 | 260.95 | 261.35 | 251.25 | 1.223 times |
| 20 Mon Mar 2023 | 260.45 | 260.00 | 263.10 | 256.30 | 0.749 times |
| 17 Fri Mar 2023 | 262.70 | 260.10 | 266.45 | 260.10 | 0.462 times |
| 16 Thu Mar 2023 | 265.10 | 265.95 | 268.00 | 263.80 | 0.443 times |
My analysis of stock is bearish for shortterm, and stock might move down till 256.2 or till 246.2. Use a stoploss of 264.57 and if the stock hits stoploss, then it can shoot up till 272.94
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 245.40 |
| Downside Target | 251.20 |
| Downside Target | 259.30 |
| Upside Target | 274.35 |
| Upside Target | 277.70 |
| Upside Target | 282.00 |
| 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 | 254.15 |
| Downside Intraday Target | 246.15 |
| Upside Intraday Target | 267.2 |
| Upside Intraday Target | 272.25 |
| Downside Intraday Target | 259.2 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 262.15 | 254.00 | 264.25 | 251.20 | 1.015 times |
| 24 Fri Mar 2023 | 253.45 | 260.00 | 263.10 | 245.40 | 1.855 times |
| 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 |
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 |
| 29 Wed Mar 2023 | 262.15 | 268.00 | 282.00 | 245.40 | 0.949 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 | 16, 17, 3 | Sell |
| MACD | -9, -9 | Buy |
| Stochastics | 55 | None |
| CCI | 63 | Buy |
| RSI | 48 | Sell |
| OBV | 178472 | Sell |
| VWAP | 257 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fortis in short term but the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 256.88 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 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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