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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 2022-09-20 View latest technical analysis

10 day averaged volume of Fortis is 140594

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 315.05 320.40 324.70 312.60 0.686 times
19 Mon Sep 2022 320.65 294.20 324.80 292.00 5.518 times
16 Fri Sep 2022 297.00 307.90 307.90 295.25 0.537 times
15 Thu Sep 2022 306.55 310.00 312.45 301.65 0.765 times
14 Wed Sep 2022 307.80 285.05 315.80 285.05 1.916 times
13 Tue Sep 2022 291.95 291.10 295.00 289.70 0.183 times
12 Mon Sep 2022 292.25 285.15 293.75 285.15 0.35 times
09 Fri Sep 2022 288.00 291.25 292.05 286.20 0.198 times
08 Thu Sep 2022 288.75 288.95 291.05 286.55 0.116 times
07 Wed Sep 2022 289.70 285.05 290.60 285.05 0.129 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 315.9, for a target of 304.8 or 295.59

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 280.05
Downside Target 294.50
Downside Target 298.75
Downside Target 304.75
Upside Target 315.80
Upside Target 324.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 296.43
Downside Intraday Target 277.82
Upside Intraday Target 329.23
Upside Intraday Target 343.42
Downside Intraday Target 310.62

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 315.05 294.20 324.80 292.00 1.654 times
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

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
20 Tue Sep 2022 315.05 288.55 324.80 285.05 1.059 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 30, 8, 57 Buy
MACD 17, 14Buy
Stochastics 68None
CCI 136Buy
RSI 69Buy
OBV 499675Sell
VWAP 313Buy
ADL 0Sell
ROC 10Buy
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.

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 green color and prices are above the green cloud Prices appear to be coming down

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 312.83 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.

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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