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(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 2022-09-16 View latest technical analysis

10 day averaged volume of Fortis is 60656

Date Daily Closing Price Open High Low Volume
16 Fri Sep 2022 297.00 307.90 307.90 295.25 1.245 times
15 Thu Sep 2022 306.55 310.00 312.45 301.65 1.773 times
14 Wed Sep 2022 307.80 285.05 315.80 285.05 4.44 times
13 Tue Sep 2022 291.95 291.10 295.00 289.70 0.424 times
12 Mon Sep 2022 292.25 285.15 293.75 285.15 0.81 times
09 Fri Sep 2022 288.00 291.25 292.05 286.20 0.46 times
08 Thu Sep 2022 288.75 288.95 291.05 286.55 0.269 times
07 Wed Sep 2022 289.70 285.05 290.60 285.05 0.299 times
06 Tue Sep 2022 287.30 287.00 294.50 286.05 0.668 times
05 Mon Sep 2022 287.15 289.30 292.95 285.50 0.386 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 299.1 as stoploss in an intra day sell trade for a target of 293.56. However, stock will show a bullish move above 299.1.

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
Downside Target 294.50
Upside Target 298.75
Upside Target 300.00
Upside Target 304.75
Upside Target 315.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 282.77
Downside Intraday Target 268.53
Upside Intraday Target 313.52
Upside Intraday Target 330.03
Upside Intraday Target 299.28

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
16 Fri Sep 2022 297.00 285.15 315.80 285.05 4.174 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Fortis (Fortis)

Date Monthly Closing Price Open High Low Volume
16 Fri Sep 2022 297.00 288.55 315.80 285.05 0.478 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 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 26, 12, 37 Buy
MACD 13, 12Buy
Stochastics 61None
CCI 74Sell
RSI 65Buy
OBV -210206Sell
VWAP 301Sell
ADL 0Sell
ROC 2Buy
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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 300.72 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 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

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Daily chart

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