(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 2022-09-12 View latest technical analysis
10 day averaged volume of Fortis is 31255
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Sep 2022 | 292.25 | 285.15 | 293.75 | 285.15 | 1.573 times |
| 09 Fri Sep 2022 | 288.00 | 291.25 | 292.05 | 286.20 | 0.893 times |
| 08 Thu Sep 2022 | 288.75 | 288.95 | 291.05 | 286.55 | 0.522 times |
| 07 Wed Sep 2022 | 289.70 | 285.05 | 290.60 | 285.05 | 0.581 times |
| 06 Tue Sep 2022 | 287.30 | 287.00 | 294.50 | 286.05 | 1.297 times |
| 05 Mon Sep 2022 | 287.15 | 289.30 | 292.95 | 285.50 | 0.749 times |
| 02 Fri Sep 2022 | 291.55 | 296.80 | 298.00 | 289.25 | 0.913 times |
| 01 Thu Sep 2022 | 294.65 | 288.55 | 296.35 | 288.55 | 1.109 times |
| 30 Tue Aug 2022 | 294.45 | 287.70 | 298.75 | 287.70 | 1.312 times |
| 29 Mon Aug 2022 | 288.55 | 280.05 | 291.80 | 280.05 | 1.236 times |
My analysis of stock is bullish for shortterm, and stock might move up till 295.1 or till 299.6. Use a stoploss of 291.35 and if this stock hits its stoploss, then it can fall down till 287.58
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 | 269.00 |
| Downside Target | 277.45 |
| Upside Target | 293.75 |
| Upside Target | 294.50 |
| Upside Target | 298.00 |
| Upside Target | 298.75 |
| Upside Target | 300.00 |
| Upside Target | 304.75 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 287.02 |
| Downside Intraday Target | 281.78 |
| Upside Intraday Target | 295.62 |
| Upside Intraday Target | 298.98 |
| Downside Intraday Target | 290.38 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Sep 2022 | 292.25 | 285.15 | 293.75 | 285.15 | 0.389 times |
| 09 Fri Sep 2022 | 288.00 | 289.30 | 294.50 | 285.05 | 0.884 times |
| 02 Fri Sep 2022 | 291.55 | 280.05 | 298.75 | 280.05 | 0.43 times |
| 26 Fri Aug 2022 | 290.65 | 301.00 | 304.75 | 288.10 | 0.737 times |
| 19 Fri Aug 2022 | 299.15 | 283.80 | 300.00 | 277.45 | 1.025 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 |
| 12 Mon Sep 2022 | 292.25 | 288.55 | 298.00 | 285.05 | 0.159 times |
| 30 Tue Aug 2022 | 294.45 | 280.00 | 304.75 | 261.00 | 1.523 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 |
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 | 18, 11, 23 | Buy |
| MACD | 10, 12 | Sell |
| Stochastics | 51 | None |
| CCI | 11 | Buy |
| RSI | 63 | Buy |
| OBV | 206724 | Sell |
| VWAP | 291 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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 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 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.
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 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 but buying is losing 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 290.58 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.
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