(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 2023-01-27 View latest technical analysis
10 day averaged volume of Fortis is 12714
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 280.30 | 283.95 | 283.95 | 275.05 | 1.097 times |
| 25 Wed Jan 2023 | 277.60 | 277.40 | 282.35 | 276.00 | 0.888 times |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 1.439 times |
| 23 Mon Jan 2023 | 283.85 | 284.10 | 285.15 | 281.30 | 1.053 times |
| 20 Fri Jan 2023 | 284.50 | 285.00 | 288.30 | 283.10 | 0.489 times |
| 19 Thu Jan 2023 | 285.75 | 283.40 | 288.75 | 283.00 | 0.815 times |
| 18 Wed Jan 2023 | 283.95 | 284.00 | 285.00 | 282.00 | 0.967 times |
| 17 Tue Jan 2023 | 283.55 | 278.10 | 285.80 | 278.10 | 0.737 times |
| 16 Mon Jan 2023 | 283.05 | 285.70 | 286.90 | 282.20 | 0.593 times |
| 13 Fri Jan 2023 | 287.45 | 283.30 | 288.60 | 281.15 | 2.29 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 281.5, but if it comes above 281.5, then a intra day buy could be more profitable.
If you take a sell trade below 281.5, then use 281.5 as stoploss and 278.4 as target. However if you take a buy trade in stock , then use 281.5 as stoploss and 283.99 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 | 274.92 |
| Downside Intraday Target | 269.53 |
| Upside Intraday Target | 285.82 |
| Upside Intraday Target | 291.33 |
| Upside Intraday Target | 280.43 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 280.30 | 284.10 | 285.95 | 275.05 | 1.243 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 |
| 27 Fri Jan 2023 | 280.30 | 282.55 | 289.80 | 275.05 | 2.43 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 | 12, 17, 18 | Sell |
| MACD | -1, -0 | Sell |
| Stochastics | 28 | Sell |
| CCI | -129 | Buy |
| RSI | 49 | Sell |
| OBV | 1527489 | Sell |
| VWAP | 284 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 buy signal for Fortis in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 283.56 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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