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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 2022-09-27 View latest technical analysis

10 day averaged volume of Fortis is 356015

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 258.90 259.10 263.00 257.00 0.23 times
26 Mon Sep 2022 258.00 259.50 265.00 256.45 0.502 times
23 Fri Sep 2022 262.30 265.95 267.75 251.40 1.293 times
22 Thu Sep 2022 265.30 317.00 323.10 250.40 4.144 times
21 Wed Sep 2022 311.20 315.00 316.55 307.40 0.268 times
20 Tue Sep 2022 315.05 320.40 324.70 312.60 0.271 times
19 Mon Sep 2022 320.65 294.20 324.80 292.00 2.179 times
16 Fri Sep 2022 297.00 307.90 307.90 295.25 0.212 times
15 Thu Sep 2022 306.55 310.00 312.45 301.65 0.302 times
14 Wed Sep 2022 307.80 285.05 315.80 285.05 0.756 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 252, for a target of 273 or 290.43

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 219.80
Downside Target 231.40
Downside Target 246.50
Downside Target 256.45
Upside Target 280.05
Upside Target 285.05
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 255.23
Downside Intraday Target 251.57
Upside Intraday Target 263.78
Upside Intraday Target 268.67
Upside Intraday Target 260.12

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 258.90 259.50 265.00 256.45 0.09 times
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

Price has moved down 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
27 Tue Sep 2022 258.90 288.55 324.80 250.40 2.587 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 14, 32, 39 Sell
MACD -3, 6Sell
Stochastics 13Sell
CCI -100Sell
RSI 50Sell
OBV -1339114Sell
VWAP 284Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Fortis ( (Fortis) ) based on a short 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 short 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Fortis in short term and the sell signal is strong.

Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 283.88 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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