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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 2022-09-21 View latest technical analysis

10 day averaged volume of Fortis is 146188

Date Daily Closing Price Open High Low Volume
21 Wed Sep 2022 311.20 315.00 316.55 307.40 0.653 times
20 Tue Sep 2022 315.05 320.40 324.70 312.60 0.66 times
19 Mon Sep 2022 320.65 294.20 324.80 292.00 5.307 times
16 Fri Sep 2022 297.00 307.90 307.90 295.25 0.517 times
15 Thu Sep 2022 306.55 310.00 312.45 301.65 0.735 times
14 Wed Sep 2022 307.80 285.05 315.80 285.05 1.842 times
13 Tue Sep 2022 291.95 291.10 295.00 289.70 0.176 times
12 Mon Sep 2022 292.25 285.15 293.75 285.15 0.336 times
09 Fri Sep 2022 288.00 291.25 292.05 286.20 0.191 times
08 Thu Sep 2022 288.75 288.95 291.05 286.55 0.112 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 306.2, but if it comes below 306.2, then a intra day sell could be more profitable.
If you take a sell trade below 306.2, then use 306.2 as stoploss and 296.36 as target. However if you take a buy trade in stock , then use 306.2 as stoploss and 318 as target.

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 293.87
Downside Intraday Target 276.53
Upside Intraday Target 326.67
Upside Intraday Target 342.13
Downside Intraday Target 309.33

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
21 Wed Sep 2022 311.20 294.20 324.80 292.00 1.836 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
21 Wed Sep 2022 311.20 288.55 324.80 285.05 1.123 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 27, 12, 40 Buy
MACD 17, 15Buy
Stochastics 77Buy
CCI 77Sell
RSI 69Buy
OBV 593718Sell
VWAP 313Sell
ADL 0Sell
ROC 7Buy
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 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 313 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. 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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