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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 2022-09-23 View latest technical analysis

10 day averaged volume of Fortis is 299813

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 262.30 265.95 267.75 251.40 1.536 times
22 Thu Sep 2022 265.30 317.00 323.10 250.40 4.921 times
21 Wed Sep 2022 311.20 315.00 316.55 307.40 0.319 times
20 Tue Sep 2022 315.05 320.40 324.70 312.60 0.322 times
19 Mon Sep 2022 320.65 294.20 324.80 292.00 2.588 times
16 Fri Sep 2022 297.00 307.90 307.90 295.25 0.252 times
15 Thu Sep 2022 306.55 310.00 312.45 301.65 0.359 times
14 Wed Sep 2022 307.80 285.05 315.80 285.05 0.898 times
13 Tue Sep 2022 291.95 291.10 295.00 289.70 0.086 times
12 Mon Sep 2022 292.25 285.15 293.75 285.15 0.164 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 263, for a target of 279.6 or 293.54

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
Upside Target 269.00
Upside Target 280.05
Upside Target 294.50
Upside Target 298.75
Upside Target 304.75
Upside Target 315.80
Upside Target 324.80

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 233.53
Downside Intraday Target 204.77
Upside Intraday Target 307.93
Upside Intraday Target 353.57
Upside Intraday Target 279.17

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 262.30 294.20 324.80 250.40 5.507 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 down 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
23 Fri Sep 2022 262.30 288.55 324.80 250.40 2.413 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Fortis (Fortis)

Indicator Name Indicator Value Indicator Signal
ADX 15, 35, 39 Sell
MACD 6, 12Sell
Stochastics 34None
CCI -184Sell
RSI 51Buy
OBV -1264489Sell
VWAP 286Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Fortis ( (Fortis) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Strong and stock is losing 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 286 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 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.

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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