(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 2023-02-02 View latest technical analysis
10 day averaged volume of Fortis is 15246
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 278.30 | 276.00 | 281.00 | 274.85 | 2.544 times |
| 01 Wed Feb 2023 | 277.95 | 285.50 | 285.50 | 276.90 | 2.722 times |
| 31 Tue Jan 2023 | 281.90 | 277.30 | 284.00 | 274.35 | 0.95 times |
| 30 Mon Jan 2023 | 277.15 | 278.05 | 283.00 | 275.60 | 0.702 times |
| 27 Fri Jan 2023 | 280.30 | 283.95 | 283.95 | 275.05 | 0.915 times |
| 25 Wed Jan 2023 | 277.60 | 277.40 | 282.35 | 276.00 | 0.74 times |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 1.2 times |
| 23 Mon Jan 2023 | 283.85 | 284.10 | 285.15 | 281.30 | 0.878 times |
| 20 Fri Jan 2023 | 284.50 | 285.00 | 288.30 | 283.10 | 0.408 times |
| 19 Thu Jan 2023 | 285.75 | 283.40 | 288.75 | 283.00 | 0.679 times |
Stock of Fortis (Fortis) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 279.7, but if it comes above 279.7, then a intra day buy could be more profitable.
If you take a sell trade below 279.7, then use 279.7 as stoploss and 275.7 as target. However if you take a buy trade in stock , then use 279.7 as stoploss and 283.02 as target.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 259.25 |
| Downside Target | 268.95 |
| Upside Target | 285.50 |
| Upside Target | 285.95 |
| Upside Target | 286.40 |
| Upside Target | 288.55 |
| Upside Target | 288.75 |
| Upside Target | 289.80 |
| Upside Target | 295.00 |
| Upside Target | 313.75 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 273.27 |
| Downside Intraday Target | 268.23 |
| Upside Intraday Target | 284.42 |
| Upside Intraday Target | 290.53 |
| Upside Intraday Target | 279.38 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 278.30 | 278.05 | 285.50 | 274.35 | 1.853 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortis (Fortis)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 278.30 | 285.50 | 285.50 | 274.85 | 0.043 times |
| 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 |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fortis (Fortis)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 9, 15, 23 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 35 | None |
| CCI | -87 | Sell |
| RSI | 47 | Sell |
| OBV | 1549189 | Sell |
| VWAP | 280 | 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 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 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
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 weakening, and bulls are picking up momentum!
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 279.96 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