(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 2023-01-24 View latest technical analysis
10 day averaged volume of Fortis is 15225
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 1.201 times |
| 23 Mon Jan 2023 | 283.85 | 284.10 | 285.15 | 281.30 | 0.879 times |
| 20 Fri Jan 2023 | 284.50 | 285.00 | 288.30 | 283.10 | 0.409 times |
| 19 Thu Jan 2023 | 285.75 | 283.40 | 288.75 | 283.00 | 0.68 times |
| 18 Wed Jan 2023 | 283.95 | 284.00 | 285.00 | 282.00 | 0.807 times |
| 17 Tue Jan 2023 | 283.55 | 278.10 | 285.80 | 278.10 | 0.615 times |
| 16 Mon Jan 2023 | 283.05 | 285.70 | 286.90 | 282.20 | 0.495 times |
| 13 Fri Jan 2023 | 287.45 | 283.30 | 288.60 | 281.15 | 1.912 times |
| 12 Thu Jan 2023 | 283.05 | 288.75 | 288.75 | 281.50 | 0.61 times |
| 11 Wed Jan 2023 | 283.50 | 287.60 | 289.30 | 282.00 | 1.669 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 281.9, but if it comes above 281.9, then a intra day buy could be more profitable.
If you take a sell trade below 281.9, then use 281.9 as stoploss and 279.2 as target. However if you take a buy trade in stock , then use 281.9 as stoploss and 284.14 as target.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 250.40 |
| Downside Target | 259.25 |
| Downside Target | 268.95 |
| Upside Target | 288.55 |
| Upside Target | 288.75 |
| Upside Target | 289.80 |
| Upside Target | 290.50 |
| Upside Target | 295.00 |
| Upside Target | 313.75 |
| Upside Target | 324.80 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 280.02 |
| Downside Intraday Target | 278.33 |
| Upside Intraday Target | 284.67 |
| Upside Intraday Target | 287.63 |
| Upside Intraday Target | 282.98 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 281.70 | 284.10 | 285.95 | 281.30 | 0.692 times |
| 20 Fri Jan 2023 | 284.50 | 285.70 | 288.75 | 278.10 | 0.435 times |
| 13 Fri Jan 2023 | 287.45 | 284.00 | 289.80 | 281.15 | 0.065 times |
| 06 Fri Jan 2023 | 283.80 | 282.55 | 288.55 | 280.10 | 10.145 times |
| 30 Fri Dec 2022 | 286.15 | 268.95 | 290.50 | 268.95 | 0.774 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 |
| 24 Tue Jan 2023 | 281.70 | 282.55 | 289.80 | 278.10 | 2.396 times |
| 30 Fri Dec 2022 | 286.15 | 290.25 | 295.00 | 268.95 | 0.446 times |
| 30 Wed Nov 2022 | 290.25 | 275.00 | 313.75 | 272.80 | 0.696 times |
| 31 Mon Oct 2022 | 277.20 | 264.20 | 286.40 | 259.25 | 0.592 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 | 13, 13, 1 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 45 | None |
| CCI | -90 | Sell |
| RSI | 50 | Buy |
| OBV | 1535239 | Sell |
| VWAP | 284 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortis ( (Fortis) ) based on a short to mid term time period is
Price action analysis of Fortis ( (Fortis) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Fortis stock for short term is SELL. Signal strength is Weak 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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 284.31 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.
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