(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 34332
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Tue Mar 2023||258.95||254.10||263.50||254.10||2.007 times|
|27 Mon Mar 2023||255.85||254.00||261.10||251.20||2.52 times|
|24 Fri Mar 2023||253.45||251.00||258.85||245.40||1.546 times|
|23 Thu Mar 2023||251.05||250.80||254.00||249.55||0.532 times|
|22 Wed Mar 2023||253.20||251.75||256.00||250.65||1.04 times|
|21 Tue Mar 2023||253.80||260.95||261.35||251.25||1.384 times|
|20 Mon Mar 2023||260.45||260.00||263.10||256.30||0.847 times|
|17 Fri Mar 2023||262.70||260.10||266.45||260.10||0.523 times|
|16 Thu Mar 2023||265.10||265.95||268.00||263.80||0.501 times|
|15 Wed Mar 2023||267.85||261.65||272.15||261.65||0.414 times|
Stock of Fortis (Fortis) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 256.5 as stoploss in an intra day buy trade for a target of 264.85. However, stock will show a bearish move below 256.5.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||252.27|
|Downside Intraday Target||245.58|
|Upside Intraday Target||264.57|
|Upside Intraday Target||270.18|
|Downside Intraday Target||257.88|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Tue Mar 2023||258.95||254.00||263.50||251.20||0.846 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|
|28 Tue Mar 2023||258.95||268.00||282.00||245.40||0.908 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, 18, 6||Sell|
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 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 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 SELL signal for Fortis in short term and the sell signal is strong.
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 red color and prices are below 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
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 256.86 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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