(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 2023-01-31 View latest technical analysis
10 day averaged volume of Fortis is 11339
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 281.90 | 277.30 | 284.00 | 274.35 | 1.277 times |
| 30 Mon Jan 2023 | 277.15 | 278.05 | 283.00 | 275.60 | 0.944 times |
| 27 Fri Jan 2023 | 280.30 | 283.95 | 283.95 | 275.05 | 1.23 times |
| 25 Wed Jan 2023 | 277.60 | 277.40 | 282.35 | 276.00 | 0.995 times |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 1.613 times |
| 23 Mon Jan 2023 | 283.85 | 284.10 | 285.15 | 281.30 | 1.18 times |
| 20 Fri Jan 2023 | 284.50 | 285.00 | 288.30 | 283.10 | 0.549 times |
| 19 Thu Jan 2023 | 285.75 | 283.40 | 288.75 | 283.00 | 0.913 times |
| 18 Wed Jan 2023 | 283.95 | 284.00 | 285.00 | 282.00 | 1.084 times |
| 17 Tue Jan 2023 | 283.55 | 278.10 | 285.80 | 278.10 | 0.826 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 280.7 as stoploss in an intra day buy trade for a target of 283.54. However, stock will show a bearish move below 280.7.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 250.40 |
| Downside Target | 259.25 |
| Downside Target | 268.95 |
| Upside Target | 286.40 |
| Upside Target | 288.55 |
| Upside Target | 288.75 |
| Upside Target | 289.80 |
| 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 | 276.17 |
| Downside Intraday Target | 270.43 |
| Upside Intraday Target | 285.82 |
| Upside Intraday Target | 289.73 |
| Downside Intraday Target | 280.08 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 281.90 | 278.05 | 284.00 | 274.35 | 0.442 times |
| 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 |
Price has moved up 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 |
| 31 Tue Jan 2023 | 281.90 | 282.55 | 289.80 | 274.35 | 2.463 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 | 9, 15, 24 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 35 | None |
| CCI | -59 | Buy |
| RSI | 51 | Buy |
| OBV | 1546680 | Sell |
| VWAP | 282 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 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 281.88 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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