(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 2023-01-25 View latest technical analysis
10 day averaged volume of Fortis is 14127
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Wed Jan 2023 | 277.60 | 277.40 | 282.35 | 276.00 | 0.799 times |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 1.295 times |
| 23 Mon Jan 2023 | 283.85 | 284.10 | 285.15 | 281.30 | 0.947 times |
| 20 Fri Jan 2023 | 284.50 | 285.00 | 288.30 | 283.10 | 0.441 times |
| 19 Thu Jan 2023 | 285.75 | 283.40 | 288.75 | 283.00 | 0.733 times |
| 18 Wed Jan 2023 | 283.95 | 284.00 | 285.00 | 282.00 | 0.87 times |
| 17 Tue Jan 2023 | 283.55 | 278.10 | 285.80 | 278.10 | 0.663 times |
| 16 Mon Jan 2023 | 283.05 | 285.70 | 286.90 | 282.20 | 0.534 times |
| 13 Fri Jan 2023 | 287.45 | 283.30 | 288.60 | 281.15 | 2.061 times |
| 12 Thu Jan 2023 | 283.05 | 288.75 | 288.75 | 281.50 | 0.658 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 278.4, for a target of 281.4 or 283.97
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 | 273.75 |
| Downside Intraday Target | 269.9 |
| Upside Intraday Target | 283.7 |
| Upside Intraday Target | 289.8 |
| Upside Intraday Target | 279.85 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Wed Jan 2023 | 277.60 | 284.10 | 285.95 | 276.00 | 0.938 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 |
| 25 Wed Jan 2023 | 277.60 | 282.55 | 289.80 | 276.00 | 2.411 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 | 11, 20, 28 | Sell |
| MACD | -1, 0 | Sell |
| Stochastics | 31 | None |
| CCI | -236 | Sell |
| RSI | 49 | Sell |
| OBV | 1495652 | 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 SELL signal in short term and selling is picking up 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 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 further forecast and predictions for tomorrow