(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 2023-02-03 View latest technical analysis
10 day averaged volume of Fortis is 17895
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 277.25 | 275.55 | 282.40 | 275.00 | 1.387 times |
| 02 Thu Feb 2023 | 278.30 | 276.00 | 281.00 | 274.85 | 2.168 times |
| 01 Wed Feb 2023 | 277.95 | 285.50 | 285.50 | 276.90 | 2.319 times |
| 31 Tue Jan 2023 | 281.90 | 277.30 | 284.00 | 274.35 | 0.809 times |
| 30 Mon Jan 2023 | 277.15 | 278.05 | 283.00 | 275.60 | 0.598 times |
| 27 Fri Jan 2023 | 280.30 | 283.95 | 283.95 | 275.05 | 0.779 times |
| 25 Wed Jan 2023 | 277.60 | 277.40 | 282.35 | 276.00 | 0.631 times |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 1.022 times |
| 23 Mon Jan 2023 | 283.85 | 284.10 | 285.15 | 281.30 | 0.748 times |
| 20 Fri Jan 2023 | 284.50 | 285.00 | 288.30 | 283.10 | 0.348 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 279.1, but if it comes above 279.1, then a intra day buy could be more profitable.
If you take a sell trade below 279.1, then use 279.1 as stoploss and 275.1 as target. However if you take a buy trade in stock , then use 279.1 as stoploss and 282.52 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 | 272.57 |
| Downside Intraday Target | 267.88 |
| Upside Intraday Target | 283.72 |
| Upside Intraday Target | 290.18 |
| Upside Intraday Target | 279.03 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 277.25 | 278.05 | 285.50 | 274.35 | 2.29 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 |
| 03 Fri Feb 2023 | 277.25 | 285.50 | 285.50 | 274.85 | 0.057 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 | 10, 13, 13 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 24 | Sell |
| CCI | -76 | Buy |
| RSI | 49 | Sell |
| OBV | 1533925 | Sell |
| VWAP | 279 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | 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 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 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 coming down
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 but selling is losing 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 279.3 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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